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 > Production flat

<< Previous

Bullboard Posts

Next >>

Comment by Eyeinvestoron May 07, 2014 3:25pm

372 Views

Post# 22535078

RE:RE:RE:RE:RE:Production flat

Pad 1 as a whole is slightly up, but this whole pad has been producing less than 400 bbd since December. .................................................................................................................... Pad 2 is where all the action is. 2P3 continues to surprise on the upside without an ICD. It is now producing north of 500bbd for 2 consecutive months. Feb and March. 2p2, 2p4,2p5 and 2P6 are all crying out for the ICD workover, producing between 100 and 200 bbd. 2p1 has shown what an icd can do on this pad, producing 600 bbd for 2 1/2 consecutive months.....and clearly stable at this level, which means we can expect it to increase as more of the well conforms.

<< Previous

Bullboard Posts

Next >>

dynaCERT leans into global growth with new HydraGEN orders