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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 > News
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Comment by MichaelRyan2on Aug 26, 2019 12:39pm
108 Views
Post# 30066328

RE:News

RE:Newsmy thoughts exactly. I seen this as news to warrant the price run and provide some $0.60-$.66 level support.

Will take a bigger NR to push this back to $0.73+ in my personal opinion

Another BUY Recommendation wouldnt hurt or increased institutional buying.

VERY LIGHT TRADING DAY so closing price is anyone guess... I would assume it should close between $0.63-$0.65
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Dealroom for high-potential pre-IPO opportunities