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Strathcona Resources Ltd 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 mrmomoon Oct 05, 2023 2:11pm
209 Views
Post# 35671544

RE:More Montney M&A Likely On The Horizon

RE:More Montney M&A Likely On The HorizonVery good write up, as i've said as much and agree with most of it. Especially the following "critical" quote which has failed EVERYONE so miserably....... except maybe a priveleged few........

"The trick right now is when you look at the juniors and mid-sized companies that are in there, it’s a profitable play for them. So they’re not really poised to be bought unless somebody comes in at the right premium,”

                                                                                                                       Socrates circa 1000BC


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