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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 > Close right at the support level...
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Post by MichaelRyan2on Feb 25, 2020 4:58pm
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Post# 30732864

Close right at the support level...

Close right at the support level...Closed right at bottom of channel, and where I expect stock to find some support...

I will be looking to buy another 5-10K shares tomorrow...

Question will be whether ANOTHER MAJOR DUMP across markets and we open at $0.55 or so, or DJIA goes on a 1000pt rally and open at $0.65+

Anyones guess.....

I sat on the sidelines today with this one...  MR
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