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 > Break Even

<< Previous

Bullboard Posts

Next >>

Comment by nikeherculeson Apr 27, 2014 12:47pm

335 Views

Post# 22495777

RE:Break Even

I'll post more detailed numbers when I'm back I'm canada,

From memory, the fiscal Q3 2013 loss was 1.5 million on approximately 4700 bbls/day.

lutes mentioned this during the third quarter conference call in October. This included payments on all long terms debt at the time.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale