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 > can STP survive.............

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Post by rad10on Sep 03, 2014 9:22pm

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Post# 22903947

can STP survive.............

https://www.canoils.com/Universal/View.aspx?type=Story&id=37526&sectionID=&isEPVantage=no

7000bbl/d from McKay's original 12 well pairs - target Q1 2015 ????

Where / how did it all go so horribly wrong for the company? Looks like the strategic review resulted in a prolonged loss of focus.

Interesting times ahead.

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