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News Focus
Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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... see more

Bullboard (GREY:STPJF)

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Comment by Pandoraon Feb 22, 2015 12:51pm

RE:Sell of the Company?

I think that as common shareholders it is past the time that we can benefit in any way. I believe that any funds raised by a sale of the Company at this point in time will result in all funds going to ...more  
315
Discussion
Post by Taajireon Feb 22, 2015 11:23am

Sell of the Company?

Its the best interest of the shareholder's for the company to be sold at a fair and deacent price. There are some large player's out there that are also engaged in the SAGD way of extracting ...more  
336
Discussion
Comment by Pandoraon Feb 20, 2015 11:49am

RE:RE:Accusation that management ignored re-finance prior to CCAA

A day late and a dollar short as they say. Where the hill was this a year ago ( or was it disguised as looking at alternatives -- all of which were dismissed): CALGARY, ALBERTA--(Marketwired ...more  
277
Discussion
Post by alfinoon Feb 19, 2015 5:57pm

In countires like Japan..

CEO F@#@ing up like this is a big shame.. so the shamed CEO usually picks up his good knife (which he probably has been saving for such occasions) and ends the shame. In Canada unfortunately, people ...more  
292
Comment by birdie22on Feb 19, 2015 4:33pm

RE:Accusation that management ignored re-finance prior to CCAA

April 27th is the new Stay date for the CCAA, I believe the SISP date is now April 2-15 as requested by the Company maybe based on the 2nd lien complaints.
192
Discussion
Post by dbinvestoron Feb 19, 2015 10:51am

Accusation that management ignored re-finance prior to CCAA

Good  link Monzie . I missed that on the Price Waterhouses monitor page. Reading this has disturbed me enough that I just signed up for stockhouse. I think I will  contact one of the legal ...more  
365
Discussion
Post by monzieon Feb 18, 2015 10:10pm

Serious accusations against management

Has anyone been reading some of the accusations by the second lien holders with regards to management and they're incompetency, on the CCAA page? They're even saying that they were willing to ...more  
412
Comment by monzieon Feb 11, 2015 4:01pm

RE:RE:RE:RE:RE:RE:RE:RE:STP

Nope a cease trade and a permanent halt are the same. It should result in more companies signing non disclosures to see the information tho
337
Discussion
Comment by Pandoraon Feb 11, 2015 3:08pm

RE:RE:RE:RE:RE:RE:RE:STP

Todays news. Is this telling us something we didn't already know. They're not issuing the financials and that will result in a 'cease trade' order -- is that substantially different ...more  
342
Discussion
Comment by monzieon Feb 11, 2015 2:41pm

RE:RE:RE:RE:RE:RE:STP

Looks like there are two non disclosures signed so far
166
Discussion
Comment by HRc60to65on Feb 08, 2015 1:49pm

RE:RE:RE:RE:RE:STP

It is not a real stalking horse bid. STP has no obliagtion to retain any bid. Secured lender can bid on STP asset. Everything can append
243
Discussion
Comment by Sadgopon Feb 08, 2015 10:23am

RE:RE:RE:RE:STP

The on time and on budget can be credited to the project team of Drifter, AMEC - BDR, and the BP of Projects for STP at that time. Lutes had very little to do with the project itself. He was however ...more  
310
Discussion
Comment by nikeherculeson Feb 07, 2015 9:39pm

RE:RE:RE:RE:STP

Credit Suisse will have a stalking horse bid, so the minimum will be the value of the first lien.
252
Discussion
Comment by Pandoraon Feb 07, 2015 12:37pm

RE:RE:RE:STP

Seems to me when they built McKay and Lutes was getting all the praise for being 'on time' and 'on budget' it was just under the $500 million figure. Don't know about the rest.
228
Discussion
Comment by birdie22on Feb 07, 2015 10:05am

RE:RE:STP

Any ball park figures on what they may get for the 2 producing plants and reserves in todays market and firesale situation ,anyone . Thanks
356
Discussion
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