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Strathcona Resources Ltd 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 BudFoxx2020on Jun 08, 2021 9:48am
109 Views
Post# 33346974

RE:RE:RE:RE:RE:RE:RE:RE:Morning... Some T.A....

RE:RE:RE:RE:RE:RE:RE:RE:Morning... Some T.A....It might work out better today with the meeting not being written down on the schedule.  I am pretty sure it will happen today, they are really pushing hard to get this done.  So when the meeting happen later today and it turns our positive, it will create a buying frenzy.  We can easily see share price making a run towards $30 this week.  Many traders and buyers are just waiting to see if the meeting happens at 2 pm since it is not on the official senate calendar.  A good indicator will be the share price above $24.50+ before 2 pm.   I am convinced the meeting will happen today and it will go to the third reading for the final vote.  But just imagine if the vote happened today.  Lol.  You never know in the markets.  Cheers guys, the fun is just starting.
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