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.

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Strathcona Resources Ltd > Wowww!!!!! I’m a noob

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Comment by MichaelRyan2on Feb 29, 2020 12:26pm

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Post# 30751084

RE:RE:RE:RE:RE:RE:RE:RE:RE:Wowww!!!!! I’m a noob

Hey Big Papi ( good to hear from you buddy ) he was talking about Market Capitalization.

I got this from TMX Site:

Listed Shares Outstanding*

357,288,614

Market Cap*

203,654,510

WIth stock at $0.57 now sitting at $203M market cap.... he mentioned Score going to $8B valuation which based on current listed shares outstanding would put stock price at approx $22 per share.

I believe Levy has the ability to get this to $1 - $2B valuation which would put stock price target I have for it (LONG TERM 3-5 years) at : $2.79 to $5.59 a share potential I believe we have.

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