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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 abuseddogon Jul 28, 2012 10:33pm
396 Views
Post# 20162696

a clip to support others using rail

a clip to support others using rail

not exactly sagd, but supportive of how stp is doing it

https://www.albertaoilmagazine.com/2012/04/rail-on-the-fast-track-to-ship-bakken-oil-to-market/

A surge in crude oil production from the Bakken formation has exacerbated a bottleneck at the Midwest oil hub of Cushing, Oklahoma. A decade ago, few outside the oil and gas industry had ever heard of the Bakken shale play, which encompasses North Dakota, Montana, Saskatchewan and Manitoba.

But production from the U.S. portion of the formation crossed the 500,000-barrels-per-day (bpd) threshold in 2011. With pipeline capacity leaving the region still constrained, producers are turning to rail.

The growth is stunning. In 2010, there was capacity to ship 130,000 bpd of Bakken crude by rail. By 2011, that total had risen to 375,000 bpd. Platts Energy predicts that by 2013, there will be enough rail terminals in place to ship 835,000 bpd.

What follows are the companies, locations and shipping capacities of seven terminals that are either being expanded or built from scratch to transport the most Bakken crude to market.

Source: Platts and the North Dakota Pipeline Authority

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