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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 Mathleteon Jan 14, 2020 7:48pm
71 Views
Post# 30553501

RE:RE:Question for the LONGS on this board....

RE:RE:Question for the LONGS on this board....The slow rollout from state to state is definitely helping TheScore. As slow as it is going though the score worries me that they will be late to the party as the roll out happens. Would love to see one more state added very soon so I can push all the chips forward. America is nearing 2 billion in handle each month with less than 15% of the population able to bet online. There is a ton of market share up for grabs so the next year (or even months) should begin to paint the picture of who the major players will be.

New Jersey is a great proving ground and a big market but what I believe some investors are missing is that app-based sports betting is not necessarily a "gambling state" thing but a sports fan thing. I predict states like California far dwarfing that of Jersey in terms of revenue, assuming they have an open market.


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