Southern Pacific Resource Corp STPJF

this showed

[adamsight]

This showed up in the last few days.
Note the 2013 update referenced up to april this does only march (as far as I can see)
https://www.aer.ca/documents/oilsands/insitu-presentations/2014AthabascaSouthernPacificMckaySAGD11461.pdf

you may remember this letter (see below) which asks for an icde update. I only skimmed this stuff but I cant see where we are getting the production numbers for icd installs, further this was just submitted so should it not be up to date, Leave your comments, I will be asking the fellow below whether or not stp is required to provide up to date info
A

April 10, 2014

BY E-MAIL ONLY

Vince Parsons

Manager, Environmental & Regulatory Affairs

Southern Pacific Resource Corp. (STP)

1700, 205 – 5 Avenue SW

Calgary, AB T2P 2V7

E-mail: [e-mail]; [e-mail]

Category 1 Commercial Scheme Amendment

Application No. 1793115

Athabasca Oil Sands Area

Wabiskaw-McMurray Deposit

Commercial Scheme Approval – 11461F

McKay Thermal Project

Dear Mr. Parsons,

The Alberta Energy Regulator (AER) has reviewed Southern Pacific Resources Corp.’s

application, dated March 28, 2014, requesting approval to add inflow control device in production

well 102/10-18-091-14W4/00 and 104/11-18-091-14W4/00. The AER hereby approves your

request.

Please note that STP must submit the results and knowledge gained from the inflow control device

to the subject wells on Pad 101 and Pad 102 in the annual performance presentations required in

accordance with Directive 054: Performance Presentations, Auditing, and Surveillance of In Situ

Oil Sands Schemes.

Questions may be directed to Ammar Baig at 403-497-7365 or by email at [e-mail].

Sincerely,

Anna Pranjic-Ross,

Manager, In Situ Subsurface

[bmofoshizz]

The presentation is comprehensive and provides an excellent overview of ICD performance to date. Very positive overall. Interesting to note that they state in the presentation that 1p2 and 2p1 will be installed first, yet nike's pics show 2p5 underway. Is it possible that the other two were already done in mid to late May and they are now proceeding with 2p5? That would be excellent news. 

[bambus]

Well, that would be great news. My only concern is the reason for no updates on productin, and ICDs at all, usually it means there is nothing good to update about.  My hope on the other hand is that they are waithing for solid numbers or overall progress to supprise us with... B

[ticket2ride]

"Interesting to note that they state in the presentation that 1p2 and 2p1 will be installed first", Not sure where you read this (above) ? But 2P1 was the first ICD installed in Jan 2014 followed by 1P5 in Feb 2014 . 2P5 application was submitted on May 8 2014 , Registered on May 13,2014 and approved on May 15,2014 . T2R

[ticket2ride]

Now I see it on page 71 of the presentation under the heading Future Plans but it reads 1P2 and 2P2 not 2P1....all these P's get confusing and makes one want to urin8... From Page 71, Subsurface Future Plans •ICD Installations on 1P2 and 2P2. •Application submitted to drill 12 new down spaced well pairs within the existing 101 and 102 well pads. •Drilling well pairs from Pad 103 and Pad 104.

[bmofoshizz]

My bad T2R, typo. Good catch. I was referring to the next steps on page 71 - 1p2 and 2p2, but no mention of 2p5. Yet, nike's pictures look to show work going on at 2p5. It just makes me wonder if they have already done 1p2 and 2p2 and have now moved on to 2p5? Then where does that leave the strategic review if they said they were delaying further ICD installs until it's conclusion? They

[Duxing]

the presentation says 2p5 and 2p3 are ICD candidates on page 58 and 60. I understand ICD must be installed in these two we'll pairs first after 2p1 and 1p5. 1p2 and 2p2 are the next as the presentation says "subsurface future plan".  This is also cooresponding to the recently approved ICD installation application. STP might be sending application for 1p2 and 2p2 now.