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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 Theriskyoneon Jan 29, 2020 1:27am
52 Views
Post# 30612145

RE:RE:RE:AGM

RE:RE:RE:AGMThat's true it very well might. I would hope it does but given how little eyes are on this company I would think it wouldn't to that extent but enough to make a significant difference in our portfolios. Also when I did my revenue projections that was if we weren't the leader in Canada but only a small player and the results were still great. I suggest everyone do them as well, as a starting point it's been reported by the Canadian Gaming Association that 14 billion in wagered on sports every year (10 billion on the black market and 4 billion via off shore websites). I used a smaller number as a starting point because illegal market will still exist.
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