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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

Post by MichaelRyan2on Jun 22, 2020 2:42pm
151 Views
Post# 31177653

Cormark Securities a MAJOR seller today!

Cormark Securities a MAJOR seller today!Cormark seems to be unloading causing more negative downward pressure on the stock!

Markets plunge or correct here and/or sports get cancelled going to be very tough for this stock to stay afloat! GLTA - these are very tough times to figure out, with so much chaos, false narratives, and endless helicopter money floating around. 

CANT FIGHT THE FED.... but same time, at some time,fundamentals have to count for something!
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