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Southern Pacific Resource Corp STPJF

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

Comment by llennnon Nov 05, 2014 1:50am
313 Views
Post# 23095851

RE:Oil Juniours

RE:Oil JunioursAnd if they cannot get a consolidation and asume burn rate as estimated due to no increase production as of last sit-rep then having the knowledge of what is known of the two formations it would appear the best tactics would be to hassen the 18.8 downbore at Senlac as production response would be less risk of a non increase, even if ICD do not respond to fast as all would like and at Mckay where heel produces but not toe then Dosey Doe with out steeping on the street toes as they expect a interest carry forward with a Dosey Doe and not to take the high ground but flank the low ground from the back which would mean the toe as the heel is the forward end of the producer
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