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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

Comment by ShockandAwwwon Aug 16, 2019 11:34am
90 Views
Post# 30036632

RE:Just a question

RE:Just a questionThe American legal framework for sports betting at present is state by state. This approval is from New Jersey for betting and an app to be used within state lines.  The agreement with Penn National sets the path for SCR into employing their betting program in other listed states. Not all states currently have plans to legalize sports betting, but a healthy majority do.  One can presume that the rest of the States (and Canada) will look into legalization when they realize that they are missing out on massive tax revenue and that their citizens are betting “illegally” anyhow. Hell, all states and Canada are already in the sports betting game by permitting Proline type betting (which is skewed heavily against the bettor) 
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