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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 Mongooseon Mar 16, 2021 9:43am
111 Views
Post# 32806546

RE:RE:Start of March madness

RE:RE:Start of March madnessNot at all...anytime.

Does seem pointless to go thru all the legalities and expense of getting licensed in a state to only service a relatively small % of our user base as the biggest % of our user base is in Canada. And then, in reality, that small % of our user base is a tiny fraction of the entire betting audience available to us in that particular US state. If we are not addressing that larger audience, then the competition will and already are.

I imagine that once somebody uses a particular betting service, it is relatively sticky ( user will continue using it and not shop around ). So if we don't get the customer early, the customer is lost.

 
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