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 > OFF TOPIC - Understanding the Numbers: COVID 19

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Comment by Mathleteon Mar 22, 2020 3:24pm

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Post# 30835405

RE:OFF TOPIC - Understanding the Numbers: COVID 19

Hi Mr.H

Thank you for sharing this article. It's like you know me! A great article that hopefully helps people understand what’s going on. Weeks ago, I tried to explain this simple math only to be looked at like I was a doomsayer with a tin foil hat on.

As it relates to the markets and everyone trying to guess the bottom, I believe we will see it when we see the bottom of Covid19. I could be wrong but I won't be trying to catch this falling sword. Just going where the numbers are taking us.

Happy trading and stay 6 feet away from me.

Cheers!

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