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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 > Congratulations to the longs dating back to.....
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Comment by RuudinFranceon Jul 11, 2024 11:58am
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Post# 36128452

RE:RE:Congratulations to the longs dating back to.....

RE:RE:Congratulations to the longs dating back to.....I'm out!

Started selling SCR, little by little, at $22 and finished the last 1000 around late May this year.

The selling of 40K PIPE starting at ~$6 and downwards towards ~$2.40 got me my initial investment back.

It's been a lomg run, including the warrant disaster, not too bad though.

Montrus got his bet paid out.

Some of the money went into VGCX 8000 shares and a lot of good that did me 10 days ago

Mainly invested in miners now gold/silver/uranium.

Wish you well guys.

It's been fun!



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Dealroom for high-potential pre-IPO opportunities