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 > so i got a question

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Comment by ShatnersRugon Jan 07, 2015 11:39am

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Post# 23294130

RE:so i got a question

Hi Dave,
In truth, does it really matter?
However, if we look at transactions in question. These purchase plans were enacted quite some time ago. They would occur regardless of the circumstances. Thus, they are not violating the blackout period for the "strategic review".
This is just my uneduated view on the topic.

If you guys are looking for some long-term, thought-provoking reading material a la Shat, check out these two posts I made on another board:

https://www.stockhouse.com/companies/bullboard/t.tgz/teranga-gold-corporation?postid=23294064

the follow-up:
https://www.stockhouse.com/companies/bullboard/t.tgz/teranga-gold-corporation?postid=23294095

Shat

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