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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 Aug 26, 2021 2:07pm
124 Views
Post# 33770387

RE:RE:RE:RE:RE:RE:RE:RE:Not Advice / Just Calcs if you own 1,000 shares Today,

RE:RE:RE:RE:RE:RE:RE:RE:Not Advice / Just Calcs if you own 1,000 shares Today, Apollo owns Great Canadian Gamng. They have the money and they need online presence.  They have the race tracks and nothing more.  But I think Penn as a partner is too strong. When Penn got Barstool they became a media machine. Score is a media machine. Put those two together and my calculations tell me they will have $30-$40M a month in ad revenue.  That will and can be used to acquire players.  That is 10 steps ahead of any other online sports book.  The media part fuels the entire brand 
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