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.

TSX:SCR - Post by User

Strathcona Resources Ltd > Why up 14.83% on Friday?

<< Previous

Bullboard Posts

Next >>

Comment by Launch64on Apr 19, 2021 2:18am

136 Views

Post# 33020305

RE:RE:RE:Why up 14.83% on Friday?

IMO
No major hurdles
Budget will be passed.
Government (insiders), onside.(hence the Friday spike)
C-218 will be approved forthwith.
Going to be a green week.
Bullish
Buckle up!