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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 3:53pm
148 Views
Post# 33349360

RE:Bill 218

RE:Bill 218Thanks again for the update.  Thats great news.  The sp is starting to move positive after the confirmation as well.   Aside from the one shake down, it has held up pretty well.  With the third reading on friday, we might see some tree shaking again tomorrow.  Only way to stop the tree shaking is for the the sp to break $24 tomorrow, then we will have some real momo going.  Can't wait to see what tomorrow brings.  Hopefully we can break $24 right off the bat in the morning, if it does sp should fly tomorrow.  Cheers all.  See yah tomorrow, really happy with the green close and how the bill is proceeding, never seen a bill move that fast in the senate, meaning this bill is going to be passed for sure.        
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