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Southern Pacific Resource Corp STPJF

Southern Pacific Resource Corp. is a Canada-based company, which is engaged in the thermal production of heavy oil in Senlac, Saskatchewan on a property known as STP-Senlac, and thermal production of bitumen on a property located in the Athabasca region of Alberta known as STP-McKay, as well as exploration for and development of in-situ oil sands in the Athabasca region of Alberta. Its STP-McKay property consists of oil sands leases totaling approximately 37,760 acres. The Company’s operations also include Anzac, Hangingstone and Ells. The Company’s STP-McKay property is located approximately 45 kilometers northwest Ft. McMurray. The Anzac project covers approximately 117 kilometers of two-dimensional (2D) seismic. The Company owns 80% interest in Hangingstone project. The Ells project covers approximately 164 kilometers of two-dimensional (2D) seismic.


GREY:STPJF - Post by User

Post by pricecheckon2on Nov 19, 2007 11:40am
233 Views
Post# 13829882

STP board or crude oil futures?

STP board or crude oil futures?Leganeur Is there any chance you could find a bullboard for useless hourly updates of the looming global crude crisis and post your crap in there so that those people who come here to read about the company can actually do that. You keep posting the same information day after day and nobody bothers to comment on the company anymore. Is it possible that investors interested in the company find it exhausting to read your crap EACH AND EVERY DAY...STOP IT ALREADY. If you have something useful to post relative to STP please do. Otherwise take your commentary on every other oil pool in the universe somewhere where it matters. Everyone agrees with you that global oil is in decline, Everyone agrees with you that prices will likely go up in the long haul. The part I disagree on is that the bitumen in the thin sands that STP reserves are contained will be a material supply pool to change any of that. It will be 15 years before this type of reserve becomes economic to produce if at all as the reservoir quality is without doubt one of the poorest sources on the planet. Think about it man, this stuff is source rock it is not Saudi reefs. The crap rock will always be the last to produce. How about you focus some of your unbounded energy towards crude prices to find another reservoir similiar to STP and see how much it is producing and what quality of crude it makes. This stuff is not Saudi light crude. I better go check the crude oil futures. It is critical information to my decision to hold or sell my STP shares based on the hourly oil supply and demand press.
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