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 > Executives abruptly resign

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Post by zanadu123on Dec 10, 2013 4:09pm

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Post# 21991615

Executives abruptly resign

. . . . . . . . . . CALGARY — Two of the top executives in capital-starved Sunshine Oilsands Ltd. have suddenly resigned, the company announced early Tuesday morning. President and chief executive John Zahary and chief financial officer Robert Pearce have tendered their resignations, Sunshine said in an announcement tacked on the bottom of a news release about the closing of its recent financing. I WORRY ABOUT STP...insiders not buying!!

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