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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Post by jsg335on Dec 05, 2013 6:31pm

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Post# 21976664

Price

Well the 5-10% drop per day continues, trying to find anything positive is becoming really difficult. Putting blinders on and not looking at the price for the next 6 months seems like a great idea, just for health reasons alone. The only problem is this could be worthless by then. You would think that if the company were to sell off everything it would be worth more than what the market is indicating currently, but logic is out the window now. Now let me get back to puking

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