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 > I wasnt Privy

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Post by adamsighton Mar 29, 2014 10:00pm

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Post# 22386736

I wasnt Privy

But a relative had a conversation with those that be and between Sask government and the need to extend the life of Senlac what has been heard is they wont do 5000 bpd there
They want to keep it in the 3-3500 bpd
If they dont sell red earth t could come onlibe for 1000 bod by year end.
I see MacKay online for 6000-7500 bpd by year end
full 10k for all production unless they sell senlac
Either way anyone who sold at .35 is gonna fell like sepuku
IMHO
A

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