Strathcona Resources Ltd V.SCR

Primary Symbol: T.SCR Alternate Symbol(s): STHRF

Energy Oil & Gas E&P

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.

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Strathcona Resources Ltd > Any educated guess

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Comment by Bangkokboyon Feb 05, 2021 10:57am

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Post# 32483566

RE:Any educated guess

No one knows the potential, but to get a feel, look how it's peers have moved. I believe they're planning a strategic reverse split to be able to meet the price requirement. Though the way it's going they may not need this.

snow13 wrote: Any educated guess on the potential stock price in 6 months to a year? What's the potential for SCR and increase in revenue? I heard they also plan to uplist on NASDAQ: however for that there is minimum share price requirement.

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