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

Bullboard Posts

Post by awol1on Sep 12, 2008 4:39pm

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Post# 15453088

at least it closed in the green today!

It opened at 38 and close at 35 with Odlum? buying 20,000 shares at 35cents at the end of the day.
Awhile back, weeks, it looked to me that someone was forcing the price back down every time it seemed that the share price wanted to climb.

I don't understand the sp levels, i don't think we can blame it all on the market. The sp has been going down for some time now, before the recent concerns affected the market.

On the positive side, at least the insiders haven't been selling that i can see. Lutes bought some shares awhile back at least....

Anyone else have any insight...? Hopefully next week brings stronger prices and something to bring positive interest back into STP.

have a good week end!

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