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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 Conductor78on Sep 24, 2020 11:07am
161 Views
Post# 31611253

Markets are down because...?

Markets are down because...?I wonder if the sell-off in SCR is related to the increase in numbers of COVID sparking fears of possible lock-downs, closures, and the possible effect it may have on pro sports. I think we're better equipped to deal with any exposure so hopefully it will be managed easier without closures. Just a thought. We're inching closer to the quarterly results which will be more palatable. As Mr. Hamilton posted on a different forum, stocks on sale for cheap. 
SCR has been my only lucrative stock in 2020. IPL, REI, BNS.. pay dividends but are down. SCR has been great for me and the best is yet to come.

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