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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

Post by Tayspoton Mar 16, 2020 11:24pm
121 Views
Post# 30815531

Entry Point

Entry Point

Seems like COVID has brought the worst out of people, I can't wait till we get an upswing so papi and perm can start playing nice again. 

On the constructive side with those who have some dry powder what are your entry targets for this. I cashed out my tsfa portion awhile back and looking to re-deploy. I believe waiting for leagues to announce they are coming back will be too late so wondering what people's thought are on the floor or entry points for certain events are.

I've been telling myself its after federally mandated shut downs or the inflection on the  logarithmic graph for the US COVID cases. Just seeing what other strategies are at this point because this couldn't a once in a lifetime entry point for a lot of stocks.

i guess this wouldn't just apply to SCR.
 

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