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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 Seppelton Jan 05, 2024 3:08pm
164 Views
Post# 35812960

RE:RE:TMX status

RE:RE:TMX status Interesting to note that: The Dos Bocas refinery will process heavy crude oil, Maya type, of 22 API, in order to obtain various products, mainly gasoline and diesel with the necessary specifications to be used in internal combustion engines. Maya is similar to WCS used by many complex refineries in the U.S. More refining capacity should lead to higher demand and more stable prices.
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