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.

TSX:SCR - Post by User

Strathcona Resources Ltd > Pipestone probably would be pushing $1 in this market

<< Previous

Bullboard Posts

Next >>

Comment by askQuestions1on Nov 20, 2023 10:45am

351 Views

Post# 35744275

RE:RE:Pipestone probably would be pushing $1 in this market

The stock was $2.73 becasue of the pending takeover. This is Calgary. Many know about the takeover before it happens. They then dump soon after the announcemnt. They probably got screwed becaseu it was 100% stock and not that liquid. Pipestone insiders were the ones that demanded the takeover be in 100% shares....

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages