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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 MrHamilton1965on Apr 14, 2020 3:32pm
154 Views
Post# 30908712

Waiting for Q2 Results/Financials

Waiting for Q2 Results/FinancialsHi Team, 

I'm waiting for the Q2 Quarterly report...still haven't seen any PR on the date, but suspect it's coming soon. I even e-mailed Bigg this morning to get a firm date...no response as of yet.

I imagine it will be very similar to the Q1 report where we reported $242,000 in gambling revenue. That number was derived from about 4.12% of the total of which Monmouth reported for Sept - Nov. [$5,874,231]. Public monthly information garnered from 

https://www.nj.gov/lps/ge/financialandstatisticalinfo.html

...and also derived from the 8.8M handle that Score reported, which we have to wait for them to report.

So, what we already know for Q2 is that the Monmouth total for Dec-Feb is $6,027,659. If we apply that same 4.12% Score gambling revenue should be about $248,339...slightly better than Q1.

Let's see how the market reacts after earnings are released. Will we tank, or will there be some other hopeful news?

Good luck fellas and stay safe...we'll see y'all back here in a little while, after earnings.
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