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 > STP Has Reserves

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Comment by CommunityMindon Aug 27, 2014 2:49pm

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Post# 22883281

RE:RE:RE:RE:STP Has Reserves

Monzie, I am nowhere near as sophisticated a trader as you make me out to be. Sadly I have lost a lot of money on STP stock because I got caught up in the buzz back in February. I only learned about Stockhouse this year, hence my recent membership. I’m only posting cautionary messages to balance the optimism. I’d suggest to anyone new to STP to read up on this company’s history. Lutes has a history of making optimistic projections and has had little to no success in reaching them. I’m not exaggerating the truth, I’m just stating fact.

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