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Bullboard - Stock Discussion Forum 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... see more

Bullboard (GREY:STPJF)

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Post by John104on Jun 19, 2017 1:41pm

Receiver update

https://www.pwc.com/ca/en/services/insolvency-assignments/stp.html
419
Post by birdie22on Jan 30, 2016 8:46am

Account Close out

It still trades as STPJF on the otc, check level II above. must be brokers closing out accounts for clients but not sure who or how the buy side is set up. Anyone out there that could explain.  ...more  
653
Comment by birdie22on Jan 30, 2016 8:39am

RE:RE:RE:Tax loss

I agree and I will change the book value to $0.00 till the bank removes from my account after the Courts sell the final piece.
361
Discussion
Comment by bambuson Jan 29, 2016 5:24pm

RE:RE:Tax loss

birdie, how can it not be done? There is no other option, I'm claiming a loss as well....
325
Discussion
Comment by birdie22on Jan 28, 2016 9:18pm

RE:Tax loss

I`m just going to claim the loss, CRA can see it is delisted so unable to sell .Change the book value in your brokerage account to $0.00 ( at April 30 or when you file ) and if for some reason it is ...more  
429
Discussion
Comment by Pandoraon Jan 28, 2016 6:31pm

RE:Tax loss

Seems to me you have to get a statement/letter from your broker to the effect that the company is defunct.
304
Discussion
Post by duke100on Jan 28, 2016 6:06pm

Tax loss

Just wondering if I have to take any steps to claim a capital loss on Southern Pacific. Appreciate any thots.  Thanx
425
Discussion
Post by ShatnersRugon Jan 14, 2016 10:42am

WTI vs. Brent spread

Are you guys seeing this? I never thought that I'd ever see Brent get as clobbered over the past couple of weeks.
218
Comment by bambuson Dec 17, 2015 10:57am

RE:its done.

How is TD Securities boost the price target for STP ?....
280
Discussion
Post by rad10on Dec 01, 2015 9:45am

its done.

I will be very ticked if Koch oil sands comes out ahead by picking up the debris.............
378
Discussion
Comment by nikeherculeson Nov 27, 2015 1:27am

RE:RE:pwc update

Senlac is only doing 600 BPD, so I don't think CNQ offered very much in their October 20th proposal. The only good thing I see is that 5 guys at McKay get to keep their jobs. Two shifts of two ...more  
363
Discussion
Comment by birdie22on Nov 26, 2015 11:06am

RE:pwc update

Look at Page 3 item 1.7 it`s done, take the loss. https://www.pwc.com/ca/en/car/stp/assets/stp-051_112515.pdf
286
Discussion
Post by monzieon Nov 26, 2015 10:43am

pwc update

Looks like they sold Senlac and there will definitely be no money for unsecured or even 2nd lien holders.  McKay is still hibernating so who knows if and when they'll be able to sell that ...more  
359
Discussion
Comment by Pandoraon Nov 19, 2015 7:01pm

RE:RE:RE:RE:from price waterhouse

Everything will be fine if your expectations have been lowered to zero return and a capital loss available -- assuming you don't have it in a registered account.
234
Discussion
Comment by bambuson Nov 19, 2015 5:22pm

RE:RE:RE:from price waterhouse

they should get what they can and then pay out equal percentage to everyone...I think all we need to do is pray, and everything is gonna be just fine.... :(
217
Discussion
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