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 > Potential on sale

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Comment by zanadu123on Jan 07, 2014 3:08pm

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Post# 22066718

RE:Potential on sale

Shat - I have a lot of respect for you. Neither you nor I work for STP. My comments are based on what I am hearing chatter when I walk the Calgary downtown.

STP is on selling list....there are other companies as well. People will buy for their existing assets and what every oil is under ground.

Also, when they did not produce any oil share was trading around $1.50/ share. Aren't you hanging around since then, and you say $1 is too much. Watch for quick share price rise this Q!!

GLTA

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