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

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Post by errussellon Oct 11, 2012 5:57pm

495 Views

Post# 20475331

Someone walkin this down?

I find this really interesting.....theprice has been steadily being slowly walked down...then at the last 30 mins or less you see a large buy....we finally get confirmation its going into production and it drops....lol

This drop in not by chance....watch tomorrow and see if we have a spike in interest.....i wont be suprised if its back to the 1.40's by noonish.....great buying op thou....i will try and grab a few more tomorrow.

GLTA

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