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 > Oops i made a mistake

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Comment by brianwells1on Oct 23, 2019 9:47pm

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Post# 30262156

RE:RE:RE:RE:Oops i made a mistake

Absolutely. I also strongly believe that EBITDA will be positive by Q2 at the latest. The 40 million by Fen gate is basically a fully supplied cash flow net for the 3-4 years
so we are solid..... Extremely impressed with the growth in users for both esports & sports betting, I think this will be an excellent market for them to continue acquiring customers at virtually no COST!

GLTA

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