Strathcona Resources Ltd V.SCR

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

Energy Oil & Gas E&P

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.

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Strathcona Resources Ltd > Anyone know why

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Comment by kentucky77on Jun 07, 2020 6:15am

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RE:Anyone know why

Good question Bomber... my TD WebBroker drops value every night.... from the daily closing value to the next morning's update. For SCR .88 is a significant discrepancy.

Note: There is a Footnote1 that advises that the overnite update reflects the 'bid' for long positions and 'ask' for short positions hence the value will most always change.... not sure if this is an average between the two -or- why they even use this rationale as the close as published by TSX should be the value - IMHO

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