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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 Theriskyoneon Aug 28, 2019 2:08pm
76 Views
Post# 30075760

RE:RE:RE:RE:Future outlook

RE:RE:RE:RE:Future outlook
hey shock, I like the discussion here. In my opinion I like the revenues to grow but not by double for some years. The average monthly revenue reported by NJ for the 7 months ended July is about 14.8M so July is in fact a decent representation of that. March was the best month with 24M and June the weakest with 7M. I know I'm strictly talking about sports betting and nothing regarding eSports because I don't know that space well. But my prediction on NJ for the short term will be challenging as there's probably close to 15+ online sportsbooks. That said like you mentioned before, we will be on even playing field for the new states
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