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 > Firebag

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Post by prairieboy1on Nov 30, 2013 6:46pm

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Post# 21956735

Firebag

I was looking at the STP website the other day and I may be wrong about this, but don't most of the people working on this operation have extensive experience from working on the the firebag site over at Suncor? I seemed to hear from this board in the past that although firebag had a few startup issues, they worked them out and now have a fairly high producing operation. Can anyone confirm this? Is STP going through the usual hiccups of a startup?

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