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

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Post by zanadu123on Feb 06, 2014 2:11pm

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Post# 22180528

Probable Results

1. Credit facility discussion (known fact from last weeks IR)
2. Production not changed: 4000 bbl/ day
3. Planning on selling land to fund expansion
4. Lot of folks looking on buyin STP

Lutes remain on the seat....

Stock goes back to 26 cents....zap....

Folks love today...you guys are making people p** in the pants. Weak hands getting out.

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