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Bullboard - Stock Discussion Forum Southern Pacific Resource Corp STPJF

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

GREY:STPJF - Post Discussion

Southern Pacific Resource Corp > Why wont the oil flow
View:
Post by adamsight on Jun 17, 2014 12:05pm

Why wont the oil flow

They dont care, its payday every 2 weeks with bonuses and options, why is there a full time ir guy if they have no comment on anything
Cause they can
Stamepede party days off just around the corner.
Optimize shareholder value
ahahahahhahahhahahaha
thats the laughing joke of the office
ahahahahahahahahahahha
shareholders, who are they....
ah
who cares
now wheres my bonus
Comment by nikehercules on Jun 17, 2014 1:12pm
Why won't the oil flow - take a look through Application Number 1789416 - Everything is laid out there. Here's the most relevant parts: ------------------------------------------------------------------------------------------------------------------------------ Southern Pacific has collected a wide variety of routine core analysis throughout the Project Area over the past 5 years. In ...more  
Comment by adamsight on Jun 17, 2014 1:26pm
So NH is this a rare thing or not so much Did the engineers failin not putting in icd's to begin with or  its ust too new is it fixable or are we boned
Comment by nikehercules on Jun 17, 2014 2:50pm
This information is a year old so take it with a grain of salt: 1) Suncor McKay had similar issues. 2) STP hired Suncor McKay engineers to help with work through their own issues at STP McKay. With a SP in the low 20s, I don't think we are "boned". Through a combination of half working ICD's and Senlac, STP should get somewhere near breakeven and the SP should appreciate to ...more  
Comment by craighenry on Jun 18, 2014 10:27pm
Hey blindadam - youre an idiot.
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