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 > Results

<< Previous

Bullboard Posts

Next >>

Comment by monzieon Sep 24, 2014 9:54am

320 Views

Post# 22965335

RE:Results

Cat perhaps they're trying to get some numbers from the new ICD wells, I imagine atleast 2 have already been installed if not 3.  So they could be doing what they did back in Feb which is provide us with the current production number from the enhanced wells so they can say see it's working.  They sure need to do something to sugar coat the financials, last thing this company needs is it's two biggest cheerleaders (Raymond James and Pi Financial) dropping the company and telling people to do the same. I think it was RJ that said they were reviewing their analysis on STP. 

<< Previous

Bullboard Posts

Next >>

The top 10 Canadian medical stocks