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 > Oil Sands Dream Evaporates With 40% Bondholder Loss Seen

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Comment by trader129on Aug 26, 2014 8:19am

397 Views

Post# 22877401

RE:RE:RE:Oil Sands Dream Evaporates With 40% Bondholder Loss Seen

Byron been averaging around 800k compensation for the last 3 years.. if you take out the options its about 550k .

Byron C. Lutes(6)
President and Chief
Executive Officer
2013
2012
2011
380,000
360,000
305,000
7,500
7,500
Nil
131,935
321,879
388,026
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
207,765(5)
172,631(5)
206,452(5)
727,200
862,010
899,478

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