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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 namlouson Aug 22, 2014 11:29am
339 Views
Post# 22869104

RE:RE:RE:RE:RE:Calgary Herald

RE:RE:RE:RE:RE:Calgary Heraldeach time the bpd is calculated it always rises . When I first started following you and eye. Maybe January this year. I think(don't quote me) the total was between 5000-5500. Now it is 7000. 
I thought with the new loan it was cheaper and the amount of people layed off would mean less payroll. Would this not mean that breakeven is less then it was in January.
I am not trying to start a fight or argue. I just don't understand the figures changing all the time on this board about breakeven. 
Sorry if I am upestting anyone on the board
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