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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
Post by MBAon Jul 19, 2015 10:13pm
283 Views
Post# 23939392

Dead Money

Dead Money
Sold all my Score on Friday - dead money.  Business venture to get into Fantasy Sports was a flop!!  Levy originally said in Dec they would launch in spring - didn't work out as Levy thought.  Like many companies, Score failed to get into the fantacy market.  Late entry is a real challenge and Score could'n't measure up.
Levy confirmed as he said they are making "NO MONEY" on the fantasy business.  Advertsing revenue stalled and new subsriptions basically stalled.

If Levy can;t come up with a better game plan, this stock may drift down to the 30's again - too riskly so I'm out!.    Levy needs to do more than talk the company up!!!!



Bullboard Posts