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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, 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

Bullboard Posts
Comment by NaturalNineon Apr 07, 2015 2:09am
160 Views
Post# 23602969

RE:RE:SCR.WT are a good deal at 33c

RE:RE:SCR.WT are a good deal at 33c"Foreseeable future" is an understatement. This will hit $1 soon. The user base and advertising are growing at a tremendous rate. Recent and future acquisitions should further supports continued growth in business and stock price. As for target price James Hodgins has a three year target of $3. Warrants are obviously bring snatched up with lots of buyers and not a lot of sellers (if you look at level 2). $1.30 within three years is very very likely. With the warrants, it's a cheaper way to get into thescore. So long story short, 33 cents still a good deal. 
Bullboard Posts