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 > Market Cap

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Comment by ShatnersRugon Dec 11, 2013 12:07pm

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RE:RE:RE:Market Cap

nike:
That wasn't the point that I was trying to make. I was implying that STP is NOT a takeout target and that the ONLY interested parties would be those that think that they can do better.

I am well-aware of the technical expertise of the crew at STP as well as Mr. Lutes' skillset. I am still a fan of both. But like you said, it's a geological issue.

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