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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 007YoungGunon May 31, 2016 11:50pm
174 Views
Post# 24921770

Regulatory uncertainty possibly a boon to SCR

Regulatory uncertainty possibly a boon to SCRAs it stands, regulatory concerns around DFS doesn't hurt thescore's revenues, it actually may help. Users in the DFS banned states will likely search for an alternative DFS app such as thescore's, which provides small monetary prize pools without having to ante up. To me, that spells more potential users for marketers to target.  

I'll be paying attention to the volume traded tomorrow. Today's volume was more than 5x the average and cleared the 1M share threshold. 


Bullboard Posts