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Southern Pacific Resource Corp STPJF

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

Comment by Junit290on May 20, 2014 4:46pm
311 Views
Post# 22579441

RE:RE:RE:RE:RE:Careers

RE:RE:RE:RE:RE:CareersYour right, there's no shortage of work up here, and maybe it's just another sign that something is in the works. I've said it before and I'll say it again. Mr. Lutes and company seem to be way to smart to let this company fail and I don't think they will be reckless in the event of a JV or sale. Under other management this situation could be WAAAYYYYY worse. The company is one of a kind-great assets, great management, a very positive outlook from these current valuations. Watching today's trading the big winners were Canaccord and TD Securities. Even RBC was getting in on it. 

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