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 > Q2 has been released

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Post by monzieon Feb 10, 2014 6:12pm

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Q2 has been released

4148 bbl/d for the 3 months which means December production was roughly 4000 bbl/d. But all this was expected, hopefully the market sees the results of the first ICD that's producing more than 700 bbl/d which is more than 235 bbl/d from the highest producing well pair in December. Not sure how the market's going to react to the December production but the future is definitely looking brighter with the ICD's coming into play.

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