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Southern Pacific Resource Corp STPJF

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

Post by LeGagneuron Jul 13, 2011 12:38pm
242 Views
Post# 18826452

QE3 fast approaching

QE3 fast approachingFederal Reserve Chairman Ben S. Bernanke told Congress the central bank is prepared to take additional action, including buying more government bonds, if the economy appears to be in danger of stalling.
https://www.bloomberg.com/news/2011-07-13/fed-prepared-to-respond-if-needed-bernanke.html

Federal Reserve Bank of Boston President Eric Rosengren said the outlook for the U.S. economy is for “very slow improvement,” and monetary accommodation is still needed to help spur growth.
https://www.bloomberg.com/news/2011-07-13/rosengren-sees-very-slow-economic-improvement-need-for-accommodation.html
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