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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 Brick2006on Mar 27, 2020 6:20pm
102 Views
Post# 30854706

RE:T.A and BUYING OPPORTUNITIES

RE:T.A and BUYING OPPORTUNITIESNice post MR2 very informative and appreciate the time and effort you always put in! I hope you're right, like I mentioned many times before I'm not a big TA guy. I buy based on management and revenue growth. So here is my problem in this current environment, sports is unlikely to return anytime soon. Unfortunately in this case it's a double edged sword, no sports will equal no betting and loss of ad revenue while burning thru cash trying to operate. The only saving grace I see in the near term with no sports is trying to quickly monetize e-sports and possibly offering I-gaming in NJ to help offset. I don't mean to sound negative but I also have to be realistic for now.

As always good luck and good health my friends!
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