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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Comment by shleevoon Nov 07, 2012 2:31pm

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Post# 20573177

RE: RE: RE: Greek vote

With all due respect, I dissagree with your opinion that most of the selloff today is due to Greece. I've been watching BNN and headlines all day and this is due to OBAMA win and the inevitable fiscal cliff. Oil has rallied over the past few days factoring in a Romney win which didn't happen, hence the runup yesterday and the selloff today. Here's a good article from BNN that explains exactly what I have stated:

https://www.bnn.ca/News/2012/11/7/North-American-stocks-sink.aspx

Agree or disagree...this is getting off topic......

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