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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

Post by RetailInvestor9on Aug 03, 2021 8:23pm
319 Views
Post# 33646493

Up from $18 to $21??..

Up from $18 to $21??....we all know that price never moves just for the heck of it....while I am concious it's not that big of an increase (and its yet to be sustained) it must be noted that noting ever moves just like that....if it was play between US and CA exchange holidays then it should have corrected today and it hasnt.... so for now it appears that it's either some good news in the making or some bad that needs a pump before the dump..next couple of days should tell that story...glta
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