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 deductionon Apr 17, 2013 2:49pm

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Post# 21266761

RE: favorable takeaways

I'm guilty of doing the same as well after re-reading the April presentation. The 1300 is month end flow shown on the production graph. Ramp up is being ochestrated by Kim Chu and Ron Clark who know what to do way better than the marketing department which is what some people seem to think is more important. They are doing what needs to be done to make sure we succeed in the long term and always indicated they were going to ramp up slowly. Good luck to all the longs.

Deduction

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