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 > enterprise value

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Post by adamsighton Dec 07, 2013 12:06am

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Post# 21981709

enterprise value

page 1
https://www.shpacific.com/en/presentations_profile/2013/stp-profile-november-2013.pdf
page 2
https://www.shpacific.com/en/presentations_profile/2013/stp-profile-november-2013v2.pdf

note the change from 1 to 2 on value, options perhaps?

now
https://www.shpacific.com/en/presentations_profile/2013/stp-nov2013corporatepresentation-.pdf
note q1 2014 senlac here is listed as ~2,900 barrels per day
yet on page 2 above

Southern Pacific has owned and operated the STP-Senlac Thermal Project

in Saskatchewan for three years. The average fiscal Q1 2014 production

rate was approximately 3,000 barrels per day
so if ~ means approximately why the difference? Or am I reading it wrong?
comments?
Whose job would it be to get this uniform or is it and I am misunderstanding?

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