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 > hope riskyone aint crying the blues and grabbed some shares

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Comment by Mr.Monopolyon Mar 03, 2020 9:07am

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Post# 30760111

RE:RE:hope riskyone aint crying the blues and grabbed some shares

Covid 19 is fully priced into markets at this point. Friday was the bottom. A 15% pullback in the SPY in 1 week is no joke. Central Banks now have more reason to cut rates and stimulate...the party continues. I bet smart money was loading last week. The only headwind I see is if Bernie wins the election, but Trump is a huge favourite in real polls.

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