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 > 31,100 shares STILL frozen w/TDWBDI

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Comment by MichaelRyan2on Sep 10, 2019 10:37am

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Post# 30112302

RE:RE:31,100 shares STILL frozen w/TDWBDI

Exactly Rosebud...

we continue to consolidate in the $0.75 - $0.83 range
which can continue rest of week.

although volume dried up with no news every day above
$0.75 is a good day for moving averages to rise, weak hands
to exit, and stronger NEW base to enter for the next leg up

May take weeks or more so patience will be tested...

however next leg up breaks $0.92 we can go 0 to 100
real quick!

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