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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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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... see more

Bullboard (GREY:STPJF)

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Comment by nikeherculeson Feb 06, 2015 9:58pm

RE:STP

Credit Suisse has requested all of STP's assets be put on the auction block. March 24th is the submission deadline. Updated documents are on the monitor's website.
278
Discussion
Post by bambuson Feb 04, 2015 1:33pm

STP

guys, when will we most likely find out what's happening with STP assets now... will they get CCAA extension past Feb 20 ? Is this thing gonna drag for couple of years ? Just wondering....thanks
371
Discussion
Comment by nikeherculeson Feb 03, 2015 5:13pm

RE:RE:RE:RE:RE:Oil

Thanks Backwardblade It's thoughtful posts like this that I'll miss the most about the 'ol STP bullboard. I'll take a look at Vermillion during the next inevitable pullback in the oil ...more  
266
Discussion
Comment by Backwardbladeon Feb 01, 2015 7:07pm

RE:RE:RE:RE:Oil

Nike...after a major re-arrangment of my portfolio, I am presently holding Chevron at 102.00 US.  It pays a good dividend, and I get more torque out of the rising  US dollar.  I also ...more  
268
Discussion
Comment by nikeherculeson Jan 30, 2015 4:27pm

RE:RE:RE:Oil

Hi Budworm: I don't expect a meaningful dividend to return until COS management has their debt back in the lower range of their $1-$2 billion target. This may take $65 oil. It's not gone for ...more  
305
Discussion
Comment by budwormon Jan 30, 2015 4:02pm

RE:RE:Oil

Hey Nike - I have been watching COS and thought of getting in.  Not holding COS currently and jumping in now seems safe.  What insight can you give on dividends?  Completely independant ...more  
446
Discussion
Post by ShatnersRugon Jan 30, 2015 2:06pm

Stockhouse has annoyed me for the last time

After writing a reply to the current thread, Stockhouse spat out an error. Hey Stockhouse, how many fingers am I holding up? That's right. One.
177
Comment by alfinoon Jan 30, 2015 12:57pm

RE:Oil

"until the Park1 hits the fan" lol!
155
Discussion
Comment by nikeherculeson Jan 30, 2015 12:07pm

RE:Oil

Are you looking for a quick trade or a 1-5 year time horizon? I addition to your logic, I'd be watching the US rig count and stockpiles for action. The shalers may have congtributed to the ...more  
206
Discussion
Post by ShatnersRugon Jan 30, 2015 10:37am

Oil

Oil price may stay artificially suppressed for quite a while. Russia is relentless in its pursuit of another chunk of the Ukraine, and the US will not enter the conflict directly lest they wish to ...more  
287
Discussion
Comment by monzieon Jan 29, 2015 5:56pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:STP halt

Well atleast they lumped the debentures in with the 260 million second lien notes under Valiant.  Come on ten cents on the dollar.  On a side note I can't wait to see what industry Lutes ...more  
350
Discussion
Comment by nikeherculeson Jan 29, 2015 3:14pm

RE:RE:RE:RE:RE:RE:RE:RE:STP halt

If you've never seen a CCAA filing before, the list of creditors is on the monitor's website. There's also a letter addressed to STP's suppliers stating they can't pay any bills ...more  
321
Discussion
Comment by CatCatCaton Jan 29, 2015 9:35am

RE:Scam of the century

105K lesson learned here...ouch
231
Discussion
Comment by edmbondson Jan 28, 2015 9:31pm

RE:RE:RE:RE:RE:RE:RE:RE:STP halt

budworm ... don't ever suspect that anyone at SH knows more than you.  Its more than 90% BS.  Of the remaining 10%, maybe half is mildly useful and a fraction of that can be helpful ...more  
248
Discussion
Comment by budwormon Jan 28, 2015 8:07pm

RE:RE:RE:RE:RE:RE:RE:STP halt

Hey Nike, thanks.  I've certainly enjoyed the ride here on Stockhouse with most of you guys.  In all honesty, I meant what I said about being over my head.  Half the time I didn' ...more  
227
Discussion
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