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 > High Risk potential Home Run

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Comment by CommunityMindon Aug 25, 2014 3:02pm

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Post# 22875842

RE:High Risk potential Home Run

That's what I thought back in January. Then I was fooled by the positive NR in Feb and Mar. There was a lot of optimism on the BB that STP had figured things out with ICD installations and were about to turn things around. Look at the SP and the production numbers from then until now and the picture is very clear.

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