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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 > This might be rehashing old wounds....
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Comment by freedom45on Sep 12, 2014 7:33am
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Post# 22929762

RE:RE:RE:RE:RE:RE:This might be rehashing old wounds....

RE:RE:RE:RE:RE:RE:This might be rehashing old wounds....my comment re a suitor was in response to another poster. I have always and continue to believe, that going it alone was/is the way to go. The 8 months of delays and feeding the M&A frenzy is what has caused us the most constipation. Without it, Senlac would already have been completed and the ICD learning center would be much further along. We also would be trading at 15x current SP but "sheet" happens I guess !!!
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