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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 Voyager7on Aug 31, 2020 3:28pm
157 Views
Post# 31480633

RE:RE:Apple IOS 14 impact on SCR ad revenues?

RE:RE:Apple IOS 14 impact on SCR ad revenues?

Thx Mr. H for your informative post (as usual), this time re: huge $$ being invested now by SCR competitors. It further highlights the perils SCR faces in trying to join the Big Boyz club.

 

When the Barstool crazies jacked the SCR price up over a buck (for no good reason during the Covid shutdown crisis), I cashed out - thx for the terrific $$ gains, Levy & Co - and have been waiting for re-entry once the last of them leave the premises (but SCR price yet to settle down).  I still think SCR has a solid chance of becoming a T-Rex in their biz if they get past the numerous hurdles before they hit profitability. Canada alone should be a great rev source by 2022.

 

p.s. am not happy with Penn's behaviour in all this; sure looks like a stab in the back, acquiring Barstool. What do you think on this?

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