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 > Breakup fee

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Comment by farmermanon Jun 03, 2014 8:56am

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Post# 22623895

RE:Breakup fee

Good one Shat
Lets ask SilverT he sounds like a company employee
Are you a company employee Silver T
Give us the lowdown

Hey I have a question, once the secured financing and realized they would stop cap ex
why did they not halt the stock, they must realize releasing news that they are not doing this or doing that would cause a degradation in share price????

Oh and why did RBC who represents STP do an after hours cross below the regular market trading close for the day fundamentally pulling a few more perecetage points out of our hands during our review to enhance value?

Dave

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