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 > Premature! Little disappointed to be honest

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Comment by MichaelRyan2on Sep 03, 2019 2:53pm

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Post# 30091375

RE:RE:RE:Premature! Little disappointed to be honest

With the markets selling off and down 1% I just believe after
hours or tomorrow am made much more sense- but again let’s give IR
benefit of the doubt and a) see how market closes for SCR (finding some support at $0.76-$0.77) and b) maybe felt it was best to just release the moment they could to get people immediately creating accounts and making revenue

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