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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 StolenGoodson Feb 11, 2016 6:36pm
171 Views
Post# 24550253

Opinion

OpinionAnyone else feels that this market lunacy is a bit overdone or even manufactured? Think back to basic economics, cheap & easy credit, low oil prices, full employment, and healthy consumer spending are ideal conditions for business growth...this is what we're heading towards over the next 18-36 months. 20 years ago the market would crash if the opposite was happening, today it's the other way around. I feel like the markets aren't reflecting reality...business conditions are improving yet everyone's hitting the panic button. I work in large scale industrial manufacturing and we're planning to add a third shift because the company can't keep up with demand. I'm a buyer here as I refuse to discard the basics of economics.
Bullboard Posts