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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Comment by Braggs2on Feb 14, 2021 5:40pm

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Post# 32565833

RE:RE:Anyone want to discuss Laws of Supply and Demand?

my question is: if they owns shares in the float? would they sell those shares onto the market?
I beleive no. So that would keep the available float to prospcetive buyers less than the stated float, which I beleive will be around 43M shares. 37% of float is around 16M shares thus reducing float to around 27M shares to trade. I am just going by what I have read here and stocktwits of the ownership of shares of insiders. Can someone confirm?

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