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 > Stippy-leaks

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Comment by CommunityMindon May 07, 2014 4:04pm

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Post# 22535351

RE:Stippy-leaks

Hey Shat, I agree with you in regards to the knee jerk reaction of some junior investors. I took advantage of the situation and sold some gold stock and picked up another 20000 shares in STP. I'm a believer and like the slow steady approach to managing a company.
It's a safe bet for the smart investor and anyone in it over the long run. Like you, I'm planning on retiring in a few years on the increased value in my STP stock :)

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