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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Post by rumbanteron Jul 07, 2013 10:20am

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Post# 21592843

trade

trade
the biggest move in some stocks/indexes is not when things are going well but when things have stopped going wrong

think about the move up in the Dow/SPX from 2008/2009 things got better but mostly they stopped going wrong - the move off the bottom was spectacular

no one expects much from this next quarterly update (no real improvement in BOPD between McKay and SENLAC) no one expects much when the financials come out for q2

the downgrades are all in

rail transport is turning out to have its problems (all due respect to the people of quebec)

the level of negativity is off the charts

we may be there soon 20"s ?

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