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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 kentucky77on Jun 02, 2020 1:13pm
100 Views
Post# 31102290

RE:RE:Wonder if SCR acquisition by Penn is imminent?

RE:RE:Wonder if SCR acquisition by Penn is imminent?MRH,
Well after PENN acquired 36% of Barstool which has great content and millions of loyal viewers, the missing link is a viable betting app.   Enter the Score recconizing that PENN already has a strategic alliance and now we have a group of like minded businesses that share one common belief - media content engages the audience and is the best path to sustainable and high level of  loyal user engagement. $$$ Barstool user demographics are a casino and sports betting site's  (wet) dream. The synergies would be awesome and much more hits on mobile devices than just another betting app.... hence my belief that Barstool was the first acquisition, the Score as the second.  
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