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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 > NO NEWS... so pull back expected!
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Comment by MichaelRyan2on Jan 08, 2020 11:56am
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Post# 30530762

RE:RE:RE:NO NEWS... so pull back expected!

RE:RE:RE:NO NEWS... so pull back expected!
MichaelRyan2 wrote: With SP500 up 11pt and Dow Jones up 110 pts how is todays drop on Iran B.S?!

If markets were down as much as we witnessed in futures where SP was down over 50pts I would have agreed.... but with Trump talking up the Dow Jones to infinity since he got elected...
.


Make that 22 Pts the SP is up and AT NEW ALL TIME HIGHS with the Dow Jones up over 200pts...

Iran B.S is definitely not reason we are down to $0.82... this is pure and simple little traders and retail folks scraping some lunch money (profit taking from the 15-20% jump we have had last week)
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