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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.


TSX:SCR - Post by User

Strathcona Resources Ltd > Asset Allocation changes in 2020...
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Post by MichaelRyan2on Jan 02, 2020 2:27pm
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Post# 30512018

Asset Allocation changes in 2020...

Asset Allocation changes in 2020...I fully believe today OUT OF THE BLUE jump from $0.71 going against all technicals I been following is due to NEW INVESTORS whether it be retail, institutional or hedgies getting into the "gaming sector' for 2020.

I believe a number of funds are going to start piling funds into the gaming sector with legalization of sports betting at the top of talks come RRSP season.

We just need some solid guidance or positive update from an upbeat enthusiastic Levy confidence he is PROVING proof of concept, and that operating costs to enter market warrants the risk to reward and we could very well see a buck before end of January if not February forsure.

HOLDING TIGHT.  GLTA 
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