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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 > Holding Up
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Comment by MichaelRyan2on Jan 23, 2020 11:21am
133 Views
Post# 30588867

RE:RE:RE:RE:Holding Up

RE:RE:RE:RE:Holding Up

I really thought maybe the numbers could surprise, and with the SP breaking out I went all in...

NOW IM TAPPED TOO!  Its a HOLD now for me.

Frustrating, but should have been expected.... I was too overly optimistic.

Long term will be fine, so need to find something better to do than watch this ticker at the moment 
 

GLTA! 

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