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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 MichaelRyan2on Jun 29, 2020 1:52pm
112 Views
Post# 31204040

RE:give me a break

RE:give me a breakvolume has pretty much dried up papi, however, still trying to hold that support at $0.70

my technicals still showing BEARish but hopefully if we can hold $0.70 and get any kind of POSITIVE catalyst to renew interest, it will be right back up at $0.80+

Currently just hear media gab all god damn day about the covid19 numbers and that cant be making shareholders feel comfortable or confident here - i notice penn and draftkings taking a big poop! 
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