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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.


TSX:SCR - Post by User

Strathcona Resources Ltd > Sorry boys.... sold half my position!
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Comment by PermCouponon May 27, 2020 5:33pm
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Post# 31080205

RE:Sorry boys.... sold half my position!

RE:Sorry boys.... sold half my position!I'll be selling a large chunk of my position if it reaches $0.63 - $0.65

My frustration has boiled over and I'm tired of having my money tied up in this.  I'll still keep some, as I believe in the sports betting space, but this lack of serious movement has gotten to be ridiculous.

Like MR2 said, earnings will be a bloodbath and perhaps a good time to buy back in at a much lower price...in my opinion, of course.
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Dealroom for high-potential pre-IPO opportunities