Strathcona Resources Ltd 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 > Strait of Hormuz

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Comment by cmsmelbchon Oct 13, 2023 3:34pm

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Post# 35682852

RE:Strait of Hormuz

Misery loves company. Into the long term hold pile and hope for the best. Got an "out of office" reply from VanKessel the next day. The rats couldn't get out of town quick enough after their payoff and sell-out. Still curious who the one Board member hold out that voted no was. Bitter pill. Moving on.

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Rig Count Soars as Utilization Surpasses Industry Averages