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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 farmermanon Nov 14, 2013 9:16pm
252 Views
Post# 21908011

Magic

MagicI can't see how they will be at 12000 bpd in 7.5 months. There needs to be a production pop and with tax loss selling just around the corner the once a month updates arent going to cut it. I have been in this for the long haul, but with IR consistanly not answering the phone. Management (according to the posters) not responding to investors emails, no promotion being done and upodates like todays this company could end up being less than conacher ever was.

For the CFO to alledgedly indicate all is well and this production report comes out delayed. I feel things are far from well.

Communication is the key, the key seems to have been misplaced here from what I am reading online. 
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