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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 cantstandcash1on Jul 18, 2021 11:50am
182 Views
Post# 33566781

RE:One last thing for today

RE:One last thing for today I fully agree with your thoughts on the media side. I've always felt that the betting earnings were and are being overrated by most investors. Advertising revenue will be what propels this stock long term and hopefully SCR doesnt have to dilute the shares too much as they build the american market to earn that ad revenue.

This dip is enough that i'll slowly start building my position again but i'm in no rush. I think we still run down to $16cdn between now and the end of summer. Interest should pick back up come september as we get closer to the winter sports season and Ontario and BC get ready to open markets. need a little patience still but this dip gives a nice chance to reload. jmo
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