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Strathcona Resources Ltd V.SCR


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

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

Comment by Pacefaston Apr 28, 2021 8:53pm
87 Views
Post# 33088463

RE:RE:RE:RE:RE:RE:RE:RE:RE:PAPI to SABREEN E-Mail

RE:RE:RE:RE:RE:RE:RE:RE:RE:PAPI to SABREEN E-MailI don't have that many but I have enough to toss them all up. I've lost my fair share buying yearling horses for 6 digits and they are garbage and sold for $10-12k. I got no problem doing just that and tossing them all up for them to see then moving them all to $10 and tank it. Then good luck getting money in a Private Placement at $20-$25.   I do believe that you shouldn't put out fluff NR. But at the same time they should give an update on their progress with North America and assure people they are committed to the product.  What about an update on that $183 Million placement and their first order of business with that money.  It was pretty vague in the last release what they were doing with it. I'm sure they didn't raise the $183M to guess at what to do with it.  They know their moves.  
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