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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Comment by Launch64on Feb 11, 2021 10:28pm

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Post# 32548994

RE:RE:RE:RE:RE:News

I am curious as to what factors were considered to come to the 1-10.
Does anyone think that the rational will be explained.
I thought maybe 1-4 to 1-6 and not quite so soon.
Are they confident that one or both bills will pass?and a $40 plus share price is not too steep?
Is there a chance of election or bills failing and with 1-10, share price can (likely) drop and still be able to move forward with US listing? Do they know something we don't?
This decision must affect insiders as much as it does us, so I must conclude it is in all our best interest.
At least I hope so
Anyway, holding for a couple more years, if not bought out.
Thanks

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