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 > today is up

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Comment by Junit290on May 07, 2014 10:44am

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RE:today is up

Tough to predict ups/downs but I did notice that management opted for an aftermarket news release. I can't remember the last time they did that. I was expecting it this morning and didn't come to the conclusion until I checked out the website.

If the first ICD is still producing with an SOR equal to or less than 2.8 and the next one has began increased production at a substantial level. I don't think you have to worry about tomorrow being a 'down' day. Stay positive my friend.

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Advancing flagship Ishkõday Gold Project in Ontario