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.

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Strathcona Resources Ltd > Volume (or lack there of)

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Post by MichaelRyan2on Aug 29, 2019 12:35pm

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Post# 30079698

Volume (or lack there of)

The 10 Day Average Trading Volume is 914K

Lat five trading days trades 500K or less- with today’s
volume on pace to do maybe 150-200k

we can’t expect price to move unless or until MMs see
greater demand for stock...

til a news release that demands markets attention we
will float around here up/down 2-3 cents

boring AF for us “traders” but take just one trading day to
make up for week or weeks it trades sideways to slightly negative

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