Strathcona Resources Ltd V.SCR

Primary Symbol: T.SCR Alternate Symbol(s): STHRF

Energy Oil & Gas E&P

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

Strathcona Resources Ltd > need a catch up summary. surprised there isnt more optimism

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Comment by Pandoraon May 15, 2018 12:17am

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RE:RE:need a catch up summary. surprised there isnt more optimism

Dollarpee wrote: I agree! This was actually over 80 cents in late 2015 before politics came into play and the SP fell down the slope. Good news for the company & holders....

You're right and having bought it in 2014 at 43 cents and lot's of hype about it's new platform I was dumb enough to hang on only to finally give up in late 2016 and sell for 19 cents. Familiar story.
And now the US legal system changes their mind.

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