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 > Hey Risky

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Comment by Theriskyoneon Mar 01, 2020 4:24pm

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Post# 30753501

RE:Hey Risky

Hi MrH,

Thanks, I plan on still being quite active. Haha millionaire maybe one day but financial freedom is the ultimate goal. To be honest the main reason my time horizon for the score is that short is because I need the capital to move out and buy myself my own place, otherwise I would likely be in for a few more years. However, I am long the other 10% of my portfolio which are in ETFs correlating to major markets that I periodically buy so this will grow within my portfolio overtime. I agree with the RRSP advice, in fact I just finished doing my taxes and made my first significant contribute so I guess I just took your advice

Thanks and best of luck

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