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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 Pacefaston Jul 15, 2021 10:13am
100 Views
Post# 33548771

RE:CEO on BNN

RE:CEO on BNN

https://www.bnnbloomberg.ca/video/people-love-to-bet-on-sports-thescore-ceo-on-bill-c-218-approval~2242025

Excellent Levy!  


I was expecting some blah blah. But he hit it right on the nose. I knew it
 

- Media revenue will be off the charts 

- They will own ans manage the entire stack (platform) with no 3rd party software. This is massive!

- The user engagement is getting better and better, when this opens up in Canada they will be the leader. No doubt here. Especially on the media front which gives them huge revenue to acquire players 

- This last quarter had some costs that people didn't factor in. One time cost to get listed on the NAS 

- The cost to build out their Stack/Platform. This is really good for the overall business. 


I like what I just heard. I can sleep better knowing I wasn't crazy when I said the media business is about to explode here.  You'll all see soon enough. I've been in online media for 15 plus years.  
 

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