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Bullboard - Stock Discussion Forum 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... see more

GREY:STPJF - Post Discussion

Southern Pacific Resource Corp > It appears the Saudi's are doing exactly what they expecded
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Post by wdr2 on Jan 23, 2015 9:25am

It appears the Saudi's are doing exactly what they expecded

They will shut down all these junior oils companies that operate at way to high costs.The managers and the workers are the only ones that make anything off these plays.There will be hundreds of small to medium oils going under.Good opportunity for the wise people that put some cash in the can for a rainy day unlike these spend spend spend poorly managed companies whick appear to be the norm especially in Alberta.
wdr2
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