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 > Nice bounce back today?!

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Post by MichaelRyan2on Jun 12, 2020 9:29am

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Post# 31142623

Nice bounce back today?!

We should get a nice bounce back and hopefully little pop at the bell....

Question that remains is whether or not we can close strong!

Expected as Ive said earlier a $0.74 - $0.76 bottom to be new support level for time being... hence why I bought at $0.74 and $0.77

Felt stupid yesterday with the continued drop but we'll see where we are end of week, and a week or two from now. GLTA

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From now on, dynaCERT instead of Bitcoin or NVIDIA?