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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 BudFoxx2020on Jan 26, 2021 3:58pm
317 Views
Post# 32390320

RE:Rough day today

RE:Rough day todayVery rough day indeed.  Some one is dumping.   Stocks always move for a reason, whether up or down.   I am guessing C13 is not on the agenda at all this week and hence a huge shakeout.  Another wild guess is I hope they do not do another dilution. Already got a few stop losses triggered.   We really need some news to keep the momentum going, Momentum took this all the way over $3, now we will need real news or catalyst to keep this above $3.  Nothing is ever guaranteed in the markets.  Cheers.
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