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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 Junit290on May 26, 2014 3:06pm
536 Views
Post# 22598920

RE:What's New with ICD's

RE:What's New with ICD'sWelcome back! ICD's and drilling in Senlac are on hold until Strategic Review is completed. ICD's seem to be fine, little hiccup in March but company assured shareholders it was only a precaution. Many are speculating there's a deal in the works. Why else would they delay drilling Senlac if it's barrels could bring corporate breakeven! 

Fingers crossed.

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