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.

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Southern Pacific Resource Corp > A non qualified crazy take on shareholder value

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Comment by nikeherculeson May 08, 2014 7:12pm

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Post# 22541384

RE:RE:RE:RE:A non qualified crazy take on shareholder value

Excellent post Eye,

At this point, the debs remain relatively undisturbed. Even at $44, they still have significant upside with less volatility in the portfolio. STP common is like that "leap of faith" water ride at Atlantis.

Best of luck everyone.

Next purchase - AX.UN

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