Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
User Avatar Image
(0)
•••
Post by awol1on Oct 28, 2009 9:39pm
319 Views
Post# 16433468

SAGD project-

SAGD project-from a previous news release........

On May 29, 2009, Southern Pacific filed an application for a commercial steam assisted gravity drainage ("SAGD") project on its McKay block. Southern Pacific owns an eighty percent (80%) working interest in the STP-McKay project, which is comprised of 10.5 sections of the Corporation's 269 gross sections of oil sands leases on Alberta's Athabasca fairway. On July 7, 2009 Alberta Environment deemed the STP-McKay project application to be administratively complete. Formal public notification and newspaper advertisement of the application will now commence shortly.

On a promising note, insiders have been buying recently, wonder if this means that things are moving along nicely?

Anyone know how long it will take for this to be formally approved and they can move on?  Wonder when we can expect some news.  Hopefully oil is on the rise again when this happens.
tks in adance and glta
awol
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities