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 > whoever

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Comment by monzieon Aug 06, 2014 12:42pm

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RE:whoever

For sure. That was Canaccord who took down that 18 cent wall. I defintitely feel like a chump for thinking that was the TSN turning point for the upside, and we probably still have another 6 weeks to go before we hear anything from the company. We're almost at that stagnant price level from Feb and March before the 150 million dollar loan and inital ICD installation was announced - so it's as though nothing at all was achieved this year. I still refuse to sell at these levels but I'm surely not happy with myself for not selling a couple of months ago when it was in the 30's.

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