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Strathcona Resources Ltd V.SCR


Primary Symbol: T.SCR Alternate Symbol(s):  STHRF

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations: Lloydminster Heavy Oil, Cold Lake Thermal and Montney Gas. The Lloydminster Heavy Oil has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. The Company is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from steam-assisted gravity drainage (SAGD) oil assets. Its Montney development is an active region in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Comment by HeShootsHeSCRson Mar 25, 2020 6:46pm
110 Views
Post# 30847448

RE:Tomorrow UE Numbers going to be very interesting...

RE:Tomorrow UE Numbers going to be very interesting... Agreed, a pull back is imminent, especially when some you consider the concrete numbers that will start to come in regarding unemployment, gdp, factory activity, retail activity, etc. Not only that but it will keep getting worse for the foreseeable future, not better.

And let's not forget earnings season is coming up - I'd expect a lot of companies to not only miss but revise their 2020 fiscal years dramatically downward.

It should be a very interesting 4 weeks or so especially now with the US now being the official COVID epicenter and a couple of hundred COVID related deaths per day now.
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