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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 Pandoraon Aug 25, 2014 12:07pm
438 Views
Post# 22874939

RE:RE:STP'S future or lack of it.

RE:RE:STP'S future or lack of it.
freedom, is that to find out about a restructuring where common shareholders are left holding the bag and get nothing out of it? Been through a few of those already this past couple of years. Always thought Lutes was better than that but it's not looking good. When times are tough the common shareholder usually takes the shaft regardless of all the good intentions. It's called self preservation or some such thing.
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