Strathcona Resources Ltd 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 > Upgrade

<< Previous

Bullboard Posts

Next >>

Comment by Pacefaston Jul 15, 2021 8:20am

153 Views

Post# 33548109

RE:Upgrade

At the current trend, they will be making $100M to $150M a year in advertising alone. I'm just guessing on my personal experience, but I see within a year of full betting launch, they could be doing $300M plus in ad revenue.

To sum it up. This is like most franchises. They are in the food business just as much as they are in the Realestate business.

SCR ad revenue will eventually start to shock people. We will circle back to this.

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"