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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 Aug 11, 2011 1:37am
257 Views
Post# 18929590

QE3 by another name?

QE3 by another name?

The US Federal Reserve announced that it will keep interest rates close to zero until 2013. Lex's John Authers and Edward Hadas discuss the implications for the bond market, the dollar and whether this is just QE3 via the backdoor
https://video.ft.com/v/1101860017001/QE3-by-another-name-

Fed should be thrilled
Ajay Rajadhyaksha, head of US fixed income strategy at Barclays Capital, tells Aline van Duyn, the FT’s US markets editor, that the Fed's decision to hold down interest rates until mid-2013 has so far had the intended effect of calming the risk markets.
https://video.ft.com/v/1101429063001/Fed-should-be-thrilled

Don't ignore the strengthening renminbi
While the currency markets have focused on the yen and Swiss franc, China's renminbi has been strengthening too. Investment editor Jennifer Hughes says China's vast dollar reserves could increase the pressure to float the renminbi.
https://video.ft.com/v/1102800914001/Don-t-ignore-the-strengthening-renminbi
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