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 > Elephant in the Room - Servicing the Debt

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Comment by MichaelRyan2on Nov 25, 2019 9:52am

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Post# 30388852

RE:RE:Elephant in the Room - Servicing the Debt

Agreed that Investor Relations should be able to give some insight and feedback into what you just said is a great question!

All I know about money and loans is %'s and costs are all relevant to the investment and ROI!

Clearly Levy believes that amount of money and terms is what will be necessary to take market share and enter the market....

I do believe paying interest from day one, no?

My only concern was if these states drag their damn @$$ to legalize and that money with the interest rate attached is or cant be put to use!

Let me know if Biggs gives you any answers.

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