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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 Braggs2on Oct 29, 2020 5:42pm
180 Views
Post# 31810084

RE:vid

RE:vidI thought this was another great interview with JL
I take from his interviews that he is a very strategic thinker and operator
I believe him to be aggressive when applicable (seeking Canadian approvals etc) and yet patient  for the market to come to him (new states on boarding etc.) 
Each new market entry will be huge for the SCR to apply learning's from past market entries, I beleive this should be much easier with a tech co. like SCR with all of the learned behaviours from the two apps ( sport / bet) thus each entry should also in theory be more cost efficient?
Some have said that 2021 should be the year that we SCORE.
I agree, need to be a little patient here and let JL and team execute their magic
just my thoughts, been here for a while I keep seeing them move the ball forward
GLTA 

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