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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

Post by MichaelRyan2on Mar 25, 2020 6:24pm
127 Views
Post# 30847388

Tomorrow UE Numbers going to be very interesting...

Tomorrow UE Numbers going to be very interesting... Going to be interesting if tomorrow Unemployment Numbers shock the market or if the market has already factored it in...

Canada had nearly half a million claims so I expect at least 2.5M for states tomorrow ....

Its going to be nasty and remind everyone of how ugly this economy is going to get.

WIth Dow Jones up 20% from Sundays future lows, I am expecting a pull back tomorrow and Friday with Score settling back near $0.32 - $0.33 by Monday.

Also NOW seeing S&P do there job in bringing the house down as companies like Ford Motor Co get cut to Junk!  These rating downgrades going to put even more pressure on bond and credit markets.


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