Southern Pacific Resource Corp STPJF

Crazy question

[ShatnersRug]

What is the range limit with respect to how far the steam generators can be from the producers?

[Junit290]

Nexen's long lake project is installing a new pipeline technology that is a pipe-in-pipe insulated for transporting steam to the injector and fluids back with les than 1 degree of temp loss over an 11 km distance. It's an expensive setup and the pipelines are buried. Not usual for plant steam lines.  So your thinking what of Suncor partnered up and sent steam our way and some money

[ShatnersRug]

Not exactly. Wouldn't explain Senlac capex freeze.

[Junit290]

What's on your mind Shat? You've sparked my interest! 

[ShatnersRug]

I was thinking about slapping a t-bone on the bbq for lunch. Maybe pour myself a Macallan Amber as well. The steam transport question was just curiosity. If (When) STP is bought out by a neighbour, one would think that the buyer in question would cover all the bases in case they continue having trouble getting product out of the ground. in this instance, could McKay's facilities be used to

[Junit290]

Mmm sounds good. I'll likely end up at Joeys at chinook mall after some sandal shopping. I got ya. It's definitely possible. I still believe that the ICD's are going to be STP's saving grace. I'm waiting for information from management like a crackhead waiting for a fix, to find out how that last ICD is working. If there's even a hint of success from that we are all

[Risky_Business]

Nexen's new SAGD project is sending water to remote steam generators and then bringing hot emulsion back to Long Lake for oil treating. RB

[Eyeinvestor]

The short answer is that the steam is close enough to be used by Brion. If you were thinking about the every which way bet, (either STP McKay works or we just bought a cheap steam plant, either way we win!)......... But Brion wouldn't explain suspending capex on entire company because Brion cant buy the entire company because of the foreign control restrictions. In theory, you can get

[ShatnersRug]

Ha! Freudian slip! "You may have hot on something here."