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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

Comment by himmleron Nov 19, 2013 2:14pm
224 Views
Post# 21920043

RE:RE:RE:RE:RE:RE:RE:Just an observation

RE:RE:RE:RE:RE:RE:RE:Just an observationIf you followed STP over the long term,which you obviously could'nt have, you would know that they finished their construction UNDER budget.And thanks for the DETAILED list of companies that have broken down their sagd costs seperate from their other operational costs.You are very good at cherry picking your arguments as well.As I said if it were that bad of a system then NO company would use SAGD....but then again your're the expert......Btw  Shat, I dont think he's a d...ck .. He's..just uninformed ,biased and an investor that lost money in STP.
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