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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 MrHamilton1965on Jan 24, 2020 1:14pm
95 Views
Post# 30595276

RE:Why Iowa didn't and won't happen in 2020

RE:Why Iowa didn't and won't happen in 2020Hi RISKY, thanks for the post and the summation. Please let me present some of the things that we know, for your consideration, such that I believe that IA could be very viable within the 2020 calendar.

In Iowa we have:
  • Already paid to play under the PENN deal [so we don’t need to find another JEI per se]
  • Second skin access
  • Relative low cost license fee $45,000 [Compared to IN and MI at $100k]
  • One of the lowest tax rates [6.75%]
  • There are currently 5 on-line sportsbooks, with Will Hill and PointsBet being bigger names
  • Although cumbersome, I believe you only have to visit a casino once to verify your identity and then download your sportsbook app that has geo-fencing to insure you’re betting within IA, then just fund your account and start betting.
I would fully agree with you that we would chase IN before IA, based soley on potential revenue.

Cheers buddy!

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