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.

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Southern Pacific Resource Corp

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Post by awol1on Feb 05, 2013 12:05pm

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Post# 20940587

mention on bnn

On commodities, Craig Macadam from Orient Capital Management was just on BNN. Talking about price differential of WTI compared to world oil prices. Mentioned several companies as a way to play the differntial. Mentioned CNQ, Southern Pacific, trans canada pipeline, Baytex. Meg energy. Once they see a catalyst they will double or triple their positions in companies. Cataylsts include approval of the Keystone pipeline among other things. Speculated later this year for catalyst....

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