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 > July production out of McKay

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Comment by freedom45on Sep 06, 2014 6:09pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:July production out of McKay

yep, that's basically my thought process (or wish when I rubbed the GENIE lantern). My problem right now is when to pull the buy trigger as I want to ensure this time I have it right !! Hate to be a 3 time loser on my confidence in management. IF they get it right this time and remembering this is now a penny stock play, there will be many wealthy investors made. Sucks to be me and many other investors at higher prices but under .10 and potential $1 in 18 months will be attractive. Going bankrupt just isn't in the cards with the assets they own.

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