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 > Anyone want to discuss Laws of Supply and Demand?

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Post by Braggs2on Feb 14, 2021 5:23pm

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Post# 32565787

Anyone want to discuss Laws of Supply and Demand?

Here is what I posted on Facebook Score Group
thoughts, comments, corrections, please weigh in?
Kind regards to Papi and Mr. H protectors from the riff raff!

Share consolidation, Supply and Demand, less shares available to purchase (supply) on the market with greater demand will send price higher. How much higher will depend on the operational execution of the company and news. I think I read Levy and other insiders will own 37% of float (please advise if not the case) after reverse split?? do you think he will sell, if not less supply to purchase

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