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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 ShockandAwwwon Jun 20, 2020 2:30pm
101 Views
Post# 31173196

RE:RE:RE:RE:Anyone worried

RE:RE:RE:RE:Anyone worriedGood discussion guys. This discussion seems to accept as a simple conclusion that no sports means no engagement means no adverts means no money. Maybe true. I dunno. I'm still opening the app a lot becasue i follow the daily drama with all the leagues but that's just me. Anyway, I wonder Heshoots if in whatever projections you've made if you've considered the effect of Canadian government COVID programs?  SCR is some leasehold space with a bunch of people hitting keys on computers. Presumably they can qualify for some pretty hefty salary assistance? Salaries are by far their biggest expense. 

One thing ive always liked about SCR is what i have thought would be their ability to be nimble in hard times. People can be trimmed.  As i said, the company seems to be a bunch of people creating content. Ive always sensed it was a bit bloated that way and have also always been cynical as to its Toronto location.  I know Levy is personally committed to the city but it is a very high salary jurisdiction and you could pay content creators in, say, Georgia, a fraction of what you pay in Toronto. Plus if the Canadian government continues to ignore, disregard, and have no interest in the be jobs that SCR can create why should they stay? 
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