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Southern Pacific Resource Corp STPJF

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

Post by adamsighton Mar 25, 2014 10:08am
271 Views
Post# 22363600

Price per flowing barrel vs share price

Price per flowing barrel vs share priceSo they sell Senlac
What then do you think analysts will value stp at based on the flowing oil from MacKay

Lets say they give it a target on price. based on 7500 bpd by year end
Do the math 
Tell us your perspective and look at how much per barrel it is now.
What should today price be and 7500 bpd be?
A
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