Southern Pacific Resource Corp STPJF

I wasnt Privy

[adamsight]

But a relative had a conversation with those that be and between Sask government and the need to extend the life of Senlac what has been heard is they wont do 5000 bpd there
They want to keep it in the 3-3500 bpd 
If they dont sell red earth t could come onlibe for 1000 bod by year end.
I see MacKay online for 6000-7500 bpd by year end
full 10k for all production unless they sell senlac
Either way anyone who sold at .35 is gonna fell like sepuku
IMHO
A

[ShatnersRug]

Senlac will not be limited to 3500 bbl/s by management, the Saskatchewan government, nor the tooth fairy. Senlac will not be sold. STP needs the cash and Senlac has been a reliable source of income for years. If STP were on the selling block, Phase L wells would not be drilled in the coming months. Red Earth will NOT be developed at least until after Phase II is in progress. Too much capex needed

[adamsight]

So its a bet then. You assure everyone that it will be put to 5000 bpd and if you are wrong I buy you a bottle of booze for under $100.00 if you loose which you will I will take a bottle of 30 year old taylor fladgate port. Call IR on Monday they will be very open to discuss the limit of senlac, I am sure of this A