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.

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Southern Pacific Resource Corp

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Post by LeGagneuron Apr 20, 2011 2:02pm

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Post# 18462663

What’s Really Worrisome About Treasury Debt: Not I

So in other words, the United States cannot afford inflation. Or more properly speaking: The United States’ fiscal balance sheet cannot afford to fight inflation.

Think about it: If there is a rise in inflation, then the Federal Reserve would have no other option but to raise interest rates at least a couple of percentage points—

—but the Federal government cannot afford such a drastic rise in rates. Not when a 1% rise in rates translates into an additional $100,000,000,000 in yearly vigorish.
https://gonzalolira.blogspot.com/2011/04/whats-really-worrisome-about-treasury.html

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