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 > Deal or No Deal?

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Comment by rehsifylfon May 30, 2014 5:09pm

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Post# 22616760

RE:Deal or No Deal?

very curious and but likely based on yet more insider info. This is how it rolls with this stock.

The end of the strategic review is relevant but why all the sudden that many shares would traded and at that price is not clear. If the deal was at 20 cents, who would be in a hurry to sell at 20. If it is at less, who would want to buy? If it at more, who would be selling.

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