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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

Post by Brick2006on Oct 06, 2019 2:47pm
200 Views
Post# 30201331

Weekends

WeekendsAre made to reflect, research and dig deeper. The more homework I do, the more podcasts I listen to and the more interviews I watch brings me to the same conclusion. Forward looking and thinking I realize this stock is truly undervalued at its current levels. My thoughts are we should be in the 0.90 to 1.00 range currently and 1.50 to 2.00 a year from now. Just a matter of time before we wake up one morning and it’s at or over a buck! Good luck my friends!!
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