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 ShatnersRugon Mar 25, 2014 11:34am

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Post# 22364399

Northern Gateway - oil price

Here's something to pass the time until the NR.

When, not if, the Northern Gateway pipeline is built, how would that affect WCS? The price would most certainly exceed today's $90CDN per barrel, but by how much? Could it reach as high as Brent (USD)?

China would be buying the bulk of the oil so demand wouldn't be an issue.

I could take a guess at the price but it would be an uneducated one. Anyone?

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Southern Ontario mineral processing operation receives green fund support