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.

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Strathcona Resources Ltd > Competing Offers?

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Comment by BudFoxx2020on Aug 05, 2021 6:22pm

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Post# 33661298

RE:Competing Offers?

It is a done deal set to close 1Q2022 around Sept or Oct. this year. What is interesting is they are going to operate SCR as a stand alone business in Canada. Lol, now how many times have we heard that before. What it really means is, they going to take all SCR subscribers, platform, media, everything and incorporate into Penn then close up shop. I could be wrong but that is how it usually goes when there is a takeover. Recent example, once again in the Mirijuana sector Tilray taking over APHA...

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