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 > pick me pick me i KNOW

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Post by farmermanon Jan 12, 2015 7:53pm

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Post# 23311630

pick me pick me i KNOW

Hi
$31.28 Western Select (based on Nike's math) - $31.00 oil by rail = .28 per barrel gross back.
Oh now the production was what 2 000 barrels per day ?
2k X .28 = $2800 = $5600 per day or $168000/mo
- office rent, salaries, electrical trucking to the terminal,
OHOH
No money left for the beer fridge

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