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Southern Pacific Resource Corp STPJF

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

Post by ABBoyon Jul 02, 2013 1:20pm
189 Views
Post# 21584455

Institutional holdings

Institutional holdingsRecently someone was interested  in knowing, and as of yesterday STP is at 71.13% institutional holdings. What company can say that? You can find the info on google finance, click on the link 'more from Reuters' then 'financials'.
By the way whoever thinks this company is comparable to OPTI and CLL and whoever thinks  CLL is a better company than STP needs to do a little homework. FYI CLL is at 29.10% I.H.
    
Sure glad STP has management that worked at Suncor on Firebag that turned out  successful. Firebag had some initial problems but did reach full design capacity.
 I am confident this rough patch will  soon pass. 

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