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Bullboard - Stock Discussion Forum
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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Bullboard (GREY:STPJF)
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•••
bambus
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Comment by
bambus
on Aug 17, 2015 10:12pm
RE:RE:RE:thing to wait for here?
The entire company ? Wdr2
(0)
•••
wdr2
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Comment by
wdr2
on Aug 06, 2015 10:05am
RE:RE:thing to wait for here?
Of course the company is in hibernation. What else would a couple of lawyers and accountants do other than to sit around and figure out how to "legally" dip into the cash in the can.How are
...more
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(31)
•••
monzie
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Comment by
monzie
on Aug 05, 2015 2:37pm
RE:RE:RE:RE:thing to wait for here?
As far as I know Senlac is still operating, but who knows how low the monthly production numbers are since they haven't drilled any new phase wells in a long while. But this plan was stated by the
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(0)
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bambus
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Comment by
bambus
on Aug 04, 2015 3:41pm
RE:RE:RE:thing to wait for here?
sorry... except McKay plant... typo
(0)
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bambus
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Comment by
bambus
on Aug 04, 2015 9:49am
RE:RE:thing to wait for here?
thanks monzie.. so is the company actually still running accept McKay plant?
(31)
•••
monzie
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Comment by
monzie
on Aug 03, 2015 4:49pm
RE:thing to wait for here?
Well considering the company has essentially been up for sale since 2013 with no results who knows how long it'll take. McKay is in hibernation until oil prices go up so maybe the receivers
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bambus
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Post by
bambus
on Jul 30, 2015 10:06am
thing to wait for here?
Is there anything we are waiting for here or is this done and no point of even checking back... ? How long usually receivership takes to cut up and sell a company? Looking at all the debt STP has
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bambus
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Comment by
bambus
on Jul 01, 2015 9:33am
RE:RE:RE:Huge Gain Today?
you can only trade it OTC... when does it stop trading all together ? ... once everything the company owens is sold and all the money devided... ?
(3)
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birdie22
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Comment by
birdie22
on Jun 30, 2015 6:10pm
RE:Huge Gain Today?
Someone screwed up. Its been trading OTC in June, May April. Time & Sales Price Size Mkt Time $0.20 1,395 OTO 16:02:41 $0.0001 1,395 OTO 06/29 $0.0001 2,500
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(5)
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Arduous
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Post by
Arduous
on Jun 30, 2015 5:41pm
Huge Gain Today?
Can anyone please explain why this stock shot to 20 cents? What is happening?
(31)
•••
monzie
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Comment by
monzie
on Jun 16, 2015 12:37pm
RE:RE:RE:RE:Notice from the Receiver
True enough. I for one am glad RBC is getting the shaft. They had two years and came up with nothing, even when oil was a hundred bucks they were useless. Oh well.
(3)
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nikehercules
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Comment by
nikehercules
on Jun 15, 2015 10:18pm
RE:RE:RE:Notice from the Receiver
What does it mean for the second lien???? Looks like RBC is annoyed they won't be paid for running the SISP. https://www.pwc.com/en_CA/CA/car/stp/assets/stp-033_060115.pdf According to this the
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(31)
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monzie
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Comment by
monzie
on Jun 15, 2015 9:36pm
RE:RE:Notice from the Receiver
I wonder what this means for debenture holders
(1167)
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Pandora
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Comment by
Pandora
on Jun 15, 2015 7:38pm
RE:Notice from the Receiver
Well it looks like assets worth $500 million and creditors worth almost $600 million so you know where shareholders fit .... last on the list and nothing is available. Another Venture Exchange bust
...more
(3)
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birdie22
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Post by
birdie22
on Jun 15, 2015 7:09pm
Notice from the Receiver
See Notice from the Receiver. https://www.pwc.com/en_CA/CA/car/stp/assets/stp-048_061515.pdf
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