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 > In the event of a sale

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Comment by himmleron May 08, 2014 9:16am

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RE:In the event of a sale

First hand experience is what I have shat.Very complex procedure and all cases are different.Sometimes a dollar figure is arrived at in terms of net worth divided by share number.Rarely in the best interest of common shareholders despite what what posters say (or hope) for.And despit what Lutes says its not the shareholders equity that anyone cares about (share value nonsense) Its only the company's best interest that matters.

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Southern Ontario mineral processing operation receives green fund support