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

Post by kavephishon Jan 29, 2013 2:27pm

336 Views

Post# 20907029

took advantage

I decided to take advantage of todays weakness....dumped my shyyytty AOS shares and added another tranche of STP. I am not expecting next weeks financials to be overly impressive - should be somewhat similar to last Q results as Senlac production has been flat. However, I am hoping that McKay prod'n #s will show steady improvement and looking forward to a possible update on first shipment sales figures, if they've even sold any yet (might still be stockpiling at Natchez). If not, then I guess it's another 3 months for some much improved sales with McKay product and Senlac back up to 4000+bpd. Regards, Kave - being greedy while others are fearful.

Bullboard Posts

Cross border trading in Canada and Australia