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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 yakker5on Feb 07, 2013 4:02pm
221 Views
Post# 20954519

RE: Production Rate Guesses - McKay

RE: Production Rate Guesses - McKay

STP has always said it would take 12-18 months to get production up to the 12,000 bbl/day number, so based on that, I have come up with the following predictions:

 

January    1,900

February   2,755

March        3,800

April           4,975

May            6,225

June          7,475

July            8,625

August      9,650

September  10,475

October        11,125

November    11,575

December    11,850

 

December is the 15th month of production, so we should be pretty close to the 12,000 bbl/day figure by then. Months 16-18 should take us up that final push to 12,000, or at least I'm hoping it will.

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