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 > SO DID ANYONE SELL IN THE 80'S WHEN I SAID SO

<< Previous

Bullboard Posts

Next >>

Comment by Canoutchieon Sep 30, 2019 1:02pm

112 Views

Post# 30178254

RE:SO DID ANYONE SELL IN THE 80'S WHEN I SAID SO

In answer to the question: I sold in the 80's Buying back a bit of that here in the 50's Still early days for this one Expansion of sports gambling will become a theme as state and provincial jurisdictions deal with increasing debt, and a reluctance to pay for it through tax increases. Revenue sources from gambling and betting will become increasingly important.

mmjgaadzilla wrote: No one thought that big short position would kill the SP
What about that loan wrapped up like financing costing the company 266,000 a month.

Enjoy the ride to the 50's