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 > Last post was loooong

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Comment by ticket2rideon May 28, 2014 11:24am

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Post# 22605313

RE:RE:RE:RE:RE:RE:RE:Last post was loooong

J290,

My apologies it is actually a book value of 1.01

From the recent Financials

Total Shareholder Equity 1,069,466,000 - 666,369,000 = 403,097,000
Total outstanding Shares      398,000,000

   = 1.012 Per Share

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