Southern Pacific Resource Corp STPJF

Energy Oil & Gas E&P

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

Southern Pacific Resource Corp > Just remember

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Comment by Canoutchieon Nov 15, 2013 4:04pm

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Post# 21911379

RE:Just remember

On the principle of buy when there is blood in the streets, I also just reallocated some shares from different parts of my portfolio... to the tune of 50,000 shares at $0.375. I'm placing a longer term bet here, but will watch closely in the next few days, in case I need to flip the switch.

Somebody clearly didn't want shares of STP showing on their books this quarter.

Does anyone have detailed Level II on where most of the selling was coming from, or is this just a broad-based sell-off across the board?

Thanks

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