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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 > pick me pick me i KNOW
View:
Post by farmerman on Jan 12, 2015 7:53pm

pick me pick me i KNOW

Hi
$31.28 Western Select (based on Nike's math) - $31.00 oil by rail = .28 per barrel gross back.
Oh now the production was what 2 000 barrels per day ?
2k X .28 = $2800 = $5600 per day or $168000/mo
- office rent, salaries, electrical trucking to the terminal, 
OHOH
No money left for the beer fridge
Comment by farmerman on Jan 12, 2015 7:56pm
oh no my math is sooooo bad its not 5600 per day its 560 per day OMG What will they do that wont even cover the salary of one of our management people aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa chicken little was right the sky is falling the sky is falling
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