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 > Interest

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Comment by budwormon Feb 24, 2014 11:15am

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Post# 22242672

RE:Interest

Appears that PetroChina (Phoenix) has their go ahead with the Athabasca joint venture on the Mackay and Dover leases. STP is pretty handy and strategically placed for their acquisition plays. May be small peanuts as it sits now but lots more lease area if they were interested. We all know they have the money and are interested in more acquisitions.

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