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

Post by abuseddogon Jul 28, 2012 10:30pm

432 Views

Post# 20162692

this is why i was wondering about stp claims

Shippers turn to rail, barge and truck amid pipeline squeeze

I know hey mentioned the cost of dilunet as well in the price differential in netbacks. i am long stp for the record

https://www.albertaoilmagazine.com/2012/02/shippers-turn-to-rail-barge-and-truck-amid-pipeline-squeeze/

Western Canadian blends of crude oil have been battered in the U.S. Midwest amid surging production growth from oilfields in North Dakota and recent refinery outages. The price drubbing, which has seen Western Canada Select trade at a US$30-plus discount to benchmark West Texas intermediate, has highlighted the fact that the oil glut at Cushing, Oklahoma, has not yet been resolved. Below is a look at the cost of shipping a barrel of oil by pipeline, rail, barge and truck.

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