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 adamsighton Jan 15, 2013 9:54am

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Post# 20839095

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As I dig deep into my magical hat I predict [not nccesarily in this order]

1) A news release on shipping of second train

2) A news release on selling of bitumen stock in Natchez

3) A news release that we are at break even or slightly above production

4) A news release the 300 million in notes have been secured

5) 1.70 + by the end of february

My biggest concern in the next 3 months is the round of insider selling that starts our slide to our 52 week low. I wonder if they will do it again, will the growth in production offset it, will the drilli news prevent it.

What will obama do. I think approval of keystone will push all oil sands plays up, delay or cancellation and we all will be boned. Investor sentiment is a touh one to nail

M2Cents

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