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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Post by radar03on Aug 19, 2010 7:39pm

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Post# 17367410

RBC looking to set up tomorrows open

Southern Pacific Resource Corp. ("Southern Pacific" or the "Company")(TSX : STP) is pleased to announce the engagement of RBC Capital Markets,BMO Capital Markets, Credit Suisse Securities (Canada)Inc. and TDSecurities Inc. (the "Advisors") to provide financial advisory servicesand, in connection therewith, to assist the Company in obtaining debtfinancing relating to the Company's STP-McKay Thermal Project("STP-McKay") in northern Alberta.

They were the last sellers bringing down the SP within the last minutes of the day. Do you think they know more than we do? Thanks for posting level 2. Any idea what TD and RBC's share purchase totals were for the day?

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