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 > SCR up over 48% in the past 3 months...WOW!

<< Previous

Bullboard Posts

Next >>

Post by montruson Apr 06, 2024 9:01am

239 Views

Post# 35974629

SCR up over 48% in the past 3 months...WOW!

Never saw this coming...at least not to this extent, plus insider buying, as a bonus. It's outperformed most stocks in the sector. Aside from the oil price, wondering how much more upside the longs can look forward to. GLTA

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant