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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 25, 2020 1:37pm
89 Views
Post# 30598706

RE:No need to panic!

RE:No need to panic!Hi RAEDAY,

I’m glad you asked the question, because the second day pull-back made absolutely no sense to me.

Your call to arms certainly has brought out a few great replies from MUGGS, VOYAGER, BRICK and HESHOOTS.

I wonder if I could bait SHOCK, MONO or MICHAELRYAN for their two cents.

The helpfulness displayed here just underscores [no pun intended] the camaraderie of this board.

I’m not going to pile on any specific idea, but I will tell you that there are a few of us that have ‘lost’ six figures in the last two days. Sure there is no real loss realized, but if you didn’t have true conviction [like most of us on this board do] you could be looking for answers in the bottom of a bottle or swinging from a barn rafter.

I’m not worried one bit. We have something special here.

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