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Southern Pacific Resource Corp STPJF

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

Comment by freedom45on Jun 25, 2014 6:20pm
336 Views
Post# 22694940

RE:While we're waiting....

RE:While we're waiting....to join the party as a JV then the going average rate is close to $70k per flowing bbl /dy.. In 2013 the price was less than $58k. The more success in proving flow the quicker we drive platinum not Ranger 150 !!.....................................If nothing going on in background then Senlac additional 2000 bbl should be priority...........but as said over and over I want STP to go it alone.............don't be defined by the mistakes made but rather the lessons learned going forward. ........I have exactly a 30 month window ie Dec 2017
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