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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 Mr.Monopolyon Nov 05, 2019 10:01pm
73 Views
Post# 30313523

RE:RE:RE:RE:For Sake of Comparison and something to think about...

RE:RE:RE:RE:For Sake of Comparison and something to think about...Nothing that hasnt been mentioned yet:

- Entering new States (I think a matter of when not if)
- Canadian legalization (Levy thinks this is a matter of when not if - stated publicly)
- New partnership (no idea)
- Early sale of the company (I dont think this will be for a while, Levy has publicly stated he wants to build it out first then maybe sell, but who knows)
- Great numbers out of New Jersey or at least some type of traction 

I dont think these are priced into the stock yet and ill tell you why. While this was trading sideways earlier in the year in the mid 30s, anyone who did proper due diligence knew that a major partnership (Fengate/Penn State) was in the works and that we were going live in NJ before the NFL season starts. Despite these catalysts been stated publically many times (before being announced) we went from 30 to 90. This is one reason I like the TSXV. It is not a very efficient market. When we go we really go, but this goes both ways.  
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