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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 awol1on Apr 13, 2010 5:00pm
564 Views
Post# 16987614

stockchase prefers stp over cll

stockchase prefers stp over cllsame guy commented on cll, prefers stp over cll. Maybe that has to do with the volume today....? Could this have been the guy someone posted as being on BNN?

DON'T BUY 0.000 David Taylor, MBA, CFA Struggled a lot because they did a couple of dilutive deals in a horrible market when they needed cash. Prefers Southern Pacific Resources (STP-X), which has a property next door and trades at half the valuation. 2010-04-13
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