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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

Comment by Brick2006on Mar 27, 2020 6:20pm
108 Views
Post# 30854706

RE:T.A and BUYING OPPORTUNITIES

RE:T.A and BUYING OPPORTUNITIESNice post MR2 very informative and appreciate the time and effort you always put in! I hope you're right, like I mentioned many times before I'm not a big TA guy. I buy based on management and revenue growth. So here is my problem in this current environment, sports is unlikely to return anytime soon. Unfortunately in this case it's a double edged sword, no sports will equal no betting and loss of ad revenue while burning thru cash trying to operate. The only saving grace I see in the near term with no sports is trying to quickly monetize e-sports and possibly offering I-gaming in NJ to help offset. I don't mean to sound negative but I also have to be realistic for now.

As always good luck and good health my friends!
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