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 > oops i tripped is oops ok?

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Comment by oilsandsbabyon Jul 29, 2013 4:08pm

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RE:oops i tripped is oops ok?

I sense a panic in what you're writing here Adam. Nobody is happy with whats going on I don't imagine (unless you're just getting in now). Gotta tell you though, if you thought buying into a first project SAGD producer was going to be a smooth road to wealth and riches....you were wrong. This was, is and will remain a high risk, speculative investment. I've been through it all from when it hit $0.09 a few years ago to whatever was the peak last year and the year before. Still playing.

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