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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Comment by AT1234on May 12, 2013 11:51am

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Post# 21369876

RE: RE: RE: Differentials...TD article

LOL. As someone from "south of the border," I have a couple of suggestions:

1) Stop depending on the Obama administration and start building pipelines to the west, to Asia. Your oil producers will be much better off, and

2) Take care of your regulatory environment. As corrupted as the US system is, the Canadian is even worse: no protection for retail investors, self-serving managements, naked shorting, trading on non-public information. And regulatory authorities that don't care. This week's trading in STP is a small but telling example: the NR clearly leaked but I am 100% sure there will be no investigation.

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