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 > Long

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Comment by Pacefaston Aug 24, 2021 7:04pm

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Post# 33758962

RE:RE:RE:RE:Long

Thanks Hamilton. I check stockwits every so often. I actually only started looking about a month ago when Vita mentioned they talk more over there. Haven't signed up, I just read.

I'm in the same boat. I believe in Penn but I want to hold and take my $ and Penn shares. I'm happy with that as I bought with a cash account. Of course I have losses everywhere so I could sell and go into Penn right now, but something tells me we haven't seen the end of this story. I believe Penn will do well in this space overall. Staying long there.

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