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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

Post by Seppelton Dec 15, 2023 9:03am
263 Views
Post# 35786356

WCS price differentials

WCS price differentials

https://www.reuters.com/sustainability/trans-mountain-pipeline-warns-2-year-delay-over-regulatory-setback-2023-12-14/

Looks like made in Canada oxymoron. Two entities controlled by the same government, TMX and CER, seem to be in a "slight" disagreement.

Every single day Canada is losing a large amount of money selling its oil at deep discounts. More so is the province of Alberta and, among many other institutions and people, investors in this company or any companies focusing on production of heavy oil.

The problem is that PM Trudeau and his enviro minister Steven Guilbeaut, a climate change warrior and activist, don't care about two years or any delays.

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