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

Comment by kavephishon Sep 18, 2012 3:42pm

401 Views

Post# 20381489

RE: STP mentioned on bnn

If that's the case then the SP had better get its azz moving! I will be choked if we get anywhere near $2.25ish (as an example) as the "takeover offer" when we all took the pre production risk. *IF* a buyout is looming I do hope it is awhile down the road so we get paid the risk premium and the takeover premium. Other than that, today was another boring day of the sideways waltz.

Bullboard Posts

Barrick Gold employees detained in Mali amid ongoing dispute