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.

GREY:STPJF - Post by User

Southern Pacific Resource Corp

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Comment by Felix56on Oct 31, 2007 10:38am

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Post# 13724192

RE: RE: britexile cheapest pure play

Britexile,
If I can suggest something, you better do your homework on AOS. There is a reason behind excitement, first look at the people involved in those projects, that is a key to any success.
In the past AOS had many bashers claiming acquisition of worthless land. This takes me, many years back of how pioneers investing in oil sands like Suncor and others were abused by so called specialists. Today Suncor is a flagship for all oil sand investments.
I recently acquired STP and I am giving them edge over AOS, only because they will be 2 years ahead with production. This way they will have 2.5 - 3 times higher valuation.
I will be watching very carefully at kind of people that will be executing production stages.

Felix56

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