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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 MichaelRyan2on Apr 22, 2020 5:50pm
175 Views
Post# 30941826

Missed Reactions....

Missed Reactions....I agree with everyones thoughts this far in regards to understanding the worry for increased cost, lack of revenue in Q3+, and lose in gambling thus far due to promotions and maybe poor bookie aka sports lines losing more bets than winning.

That said, I see the company growing in the right direction, making smart business decisions, and plugging ahead and I do believe both in New STates and once canada gets their $hit together... we will be a leader in new markets where we dont have to give away the farm to get new users on board.

Long term investment here.... what happens tomorrow is anyones guess.

PERSONALLY IM HOLDING LONG AND WAITING FOR NEXT COUPLE WEEKS BEFORE I BUY ANY MORE SHARES... 
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