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 > CC: 'Expect' 3 LARGE PIPE Shareholders To TURN 15M SCR Stock

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Comment by cmsmelbchon Nov 14, 2023 4:12pm

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Post# 35735341

RE:RE:CC: 'Expect' 3 LARGE PIPE Shareholders To TURN 15M SCR Stock

Even more concerning, the answer to a question about the float whereby he expects the Pipestone shareholders to rotate out and the new investors rotate in. Wow. So much for the BS about this being a value proposition for pipe holders.

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