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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, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment 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. It 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 SAGD oil assets. Its Montney development is positioned in some of the active regions in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Strathcona Resources Ltd
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Post by cashmoneyheroon Jun 06, 2014 1:25pm
234 Views
Post# 22637981

SCR has too many shares outstanding.

SCR has too many shares outstanding.Over a quarter billion shares?! Come on guys why even operate with a float like that. It's not going anywhere. Sorry for the hard truth. Investors are getting too smart for this stuff anymore. Keep the floats under 100 million shares on the venture exchange or just don't bother.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities