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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 ShockandAwwwon Oct 17, 2019 3:23pm
88 Views
Post# 30241210

RE:The build out on this will be insane

RE:The build out on this will be insaneHi Brian,
Well as a bull I love seeing the end number but i worry its based far too much on bull%^% assumptions. First off, you are assuming from the entire pool of app users. Easily more than 50% are in jurisdictions where there will be no mobile sports betting soon. Plus, $1000 revenue per eventual user? Do you get that number from anywhere? 

Here's what I will say.  Given how the nifty "score bet" button shows right up in your game feed as you are checking thescore app (only available in NJ right now) i see no reason why all thescore users in jurisdictions where Thescore ends up providing mobile betting wouldnt use the app at least once. Then it is up to the app to be good enough to gain their regular use.  Of people who dont use the app at all, it will be up to the app to gain enough credibility to lure new users to both the betting site and the app.  I jsut wish more states would come online so we could get to the business of tracking actual growth.
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