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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 MichaelRyan2on Sep 09, 2019 6:20pm
108 Views
Post# 30110554

RE:RE:Don't be discouraged by move down on low volume

RE:RE:Don't be discouraged by move down on low volumeExactly! 

We just may find out tomorrow how many 
weak hands we have.... as many haven’t been
able to sell since the name change.

If we can stay flat to up tomorrow and Wednesday 
should finish week strong...

I highly suspect we could test $0.70-$0.72 next vouple
trading days as I don’t expect us getting any PR for a few
days 
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