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

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Post by adamsighton Jun 08, 2014 3:36pm

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Post# 22641271

Rules and News...

There is a regulation in the tsx if a rumor is circulatng that is reflected in trading they are obligated by the exchange to do a news release.
Being they said they were not moving forward with icd's and the application was to not move ahead till the fall, that there appears to be work ongoing from the pictures. I would think they would have to do a news release to address it as contrary to their last news release material changes appear to be occuring.

I understand company emplyees rad these boards so lets hope they discuss this with their lawyers and likely see they now have an obligation. Hush hush is important but the pics seem to indicate the opposite of what news to the shareolders said. Not looking good for the hush hush approach they are trying to have
IMHO
A

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