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 > WHERE PEOPLE AT?!?

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Comment by HeShootsHeSCRson Apr 21, 2020 9:02am

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Post# 30933245

RE:WHERE PEOPLE AT?!?

I picked up about 70k shares between 29-33 cents over the past couple of weeks. Just sold about 30k yesterday at 41 cents, tidy little profit and I'll let the rest ride unless this stays sideways for a bit.

It's not a lot compared to my overall stake, and I remain a holder, but any time this dips below mid 30s I'll be buying and looking to flip.

I don't see anything good coming out of earnings tomorrow, but hoping Levy can rally the troops.

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