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

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Post by MichaelRyan2on Jan 21, 2020 11:22am

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Post# 30577747

BREAK OUT DAY?!

After 5 days of us closing at or below opening price, we seem to be getting somewhat of a break through break up day!

IF and big word for only two letters...

We can close at or above $0.85 I feel we got a real shot at testing new multi year highs ($0.92+)

VOLUME IS STILL A CONCERN TO ME... with little volume, damn penny flippers and little retail traders end up having too big an influence as papi reminds us of daily...

Going to be a very interesting week... GLTA

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