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 > First resistance is $0.76 and second resistance is $0.79.

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Comment by MichaelRyan2on Sep 20, 2019 8:14am

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Post# 30146835

RE:First resistance is $0.76 and second resistance is $0.79.

Never mind resistant lines- where do you see support?

i think that’s more important considering we been down
trending for two weeks now.

i agree with your first resistant line of $0.74 to break this
downward trend as of late but $0.76 secondary resistance
is way too low! It’s more like we need to break $0.83
before we see any kind of truly serious leg up.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?