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 > looking at things positively

<< Previous

Bullboard Posts

Next >>

Comment by bambuson May 28, 2014 7:09pm

300 Views

Post# 22607671

RE:looking at things positively

how do we know they are getting ICD #5 from a new supplier? I thought the numbers from the first one were good, and after working out a little glitch they started to ramp up production again. If that's really the case (new supplier), then there has to be something STP is not happy about with the previous ICDs...and that is dangerous, to say the least, for the common SP. It's been quite a roller coaster with this stock...excitements and disappointments. I am going to wait a few more days, there has to be an update from the company end of the week or early next week. Stock Price...well, one good news or clear plan can send it sky high....another bad news can sand it the other way too...

<< Previous

Bullboard Posts

Next >>

The top 10 Canadian medical stocks