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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

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Post by farmerman on Sep 10, 2014 12:49pm

there you go

Why say the wells were shut in when they were not
It seems obvious 3000 bpd is attainable and maybe 4500
but after all this steaming thats it huh
I still figure that we will see a positive spin with the financials
thanks for the post
Comment by bmofoshizz on Sep 10, 2014 12:58pm
Two shut in. Others rate restricted. ICD's may help a lot on those. STP staff (from U of C papers) have been working on ICD idea since earlier in 2013. Don't underestimate how smart these guys are...
Comment by ShatnersRug on Sep 10, 2014 2:55pm
BmoFoShizzle, thanks for providing us common folk your data. The one glaring thing I see is the flush production observed by 2P1 and 1P5 and then the dropoff incurred by both, thanks to hot spots and whatever else. 2P5 also showed an immediate spike in July, but will she sustain that rate in the coming months or drop off like 2P1 and 1P5? Or is July's overall number 100-150 bbl/d higher than ...more