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 > Q2 2020 Better than expected

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Comment by MrHamilton1965on Apr 22, 2020 8:23pm

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Post# 30942390

RE:RE:Q2 2020 Better than expected

Hi RISKY....as I was crafting a couple of my posts, I strained to think of important metrics, beyond EBITDA and the such. Then, there it was....HOLD...[as you coined it] which looks to me to be an important metric to measure growth and accuracy...but as I mentioned earlier, I wish the net of our hold would be better, as it seems this Q we have a larger percentage of 'slippage' or whatever you want to call it.

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