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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 Dilligaf74on Nov 27, 2020 5:03pm
179 Views
Post# 31992743

RE:RE:levy on BNN now

RE:RE:levy on BNN nowI caught most of it, he was very upbeat, and excited.

Basically summing up what we all have known.  He seemed very positive this bill will pass, alluding to the taxes the government can collect.  I believe he estimated the first 1-2 years revenue could be 1-1.5 billion (I could be wrong, heard it from other room).

But bottom line emphasized how his company is already spooled up and ready to go once this passes, and talked about the integration of the bet with the current app, and ease of use.

also at the end there was a brief mention of how this could be a global opportunity for the Score, not just US and Canada.

sorry not much more I can remember...overall, positive, excited, and seems that this will go.

I have had this since the Rogers buy out , and added positions all the way up.....so tempting to sell, but I have faith in this going further, and Levy definitely thinks so.

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