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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 Ranger56on Jul 16, 2015 4:35pm
266 Views
Post# 23931680

RE:RE:price tanking, what the heck did Levy say??

RE:RE:price tanking, what the heck did Levy say??Stolen.. Your right.. it was flat sequentially quarter(Q3) over quarter(Q2). No growth in Revenue holding at 3.2M for both quarters and average monthly users only up a little to 10.5M from 10M. On the interview Levy was not asked to explain this..they stayed with year over year view instead of qtr over qtr. Would not be surprised if there is a selling bias over the next couple of months. Swoopt re-launch coming up soon (not sure when) may generate a little excitement. Too many uncertainties now, how much time and money needed to grow from here, when will they turn profitable, is there another round of financing (share issue) in play and how far out is that. It maybe hard to hold next few months. Bruce Campbell had some good insight to sell his position earlier due to technical breakdown he said.
Bullboard Posts