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.

GREY:STPJF - Post by User

Southern Pacific Resource Corp > Potential on sale

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Comment by nikeherculeson Jan 07, 2014 12:57pm

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Post# 22066075

RE:Potential on sale

Unfortunately, focusing on the news releases has been a losing strategy since "somebody" seems to always have them in hand well before the unwashed masses. Shat did read the asset sale the right way though.

The SP has always been correct in anticipating future action thus far. Right now the SP is telling us no deal is in the works - unless they've managed to plug whoever leaked the December 11th release, or every 2013 release for that matter.

Is RBC continuing to fill their pockets?

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Geologica Resource: Polymetallic upside at a depressed price