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Southern Pacific Resource Corp STPJF

Sector: Energy | Sub-Sector: Oil & Gas E&P

Southern Pacific Resources Corp is engaged in the thermal production of heavy oil, thermal production of bitumen and in the exploration for and development of in-situ oil sands.
Price: $0.000 | Change: $0.00 | %Change: 0.00%
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.20/0.000
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0 stars

RE:RE:thing to wait for here?

Of course the company is in hibernation. What else would a couple of lawyers and accountants do other than to sit around and figure out how to "legally" dip into the cash in the can.How are you green...read more
0 stars

RE:RE:RE:RE:thing to wait for here?

As far as I know Senlac is still operating, but who knows how low the monthly production numbers are since they haven't drilled any new phase wells in a long while. But this plan was stated by the...read more
0 stars

RE:RE:RE:thing to wait for here?

sorry... except McKay plant... typo  rate and reply
0 stars

RE:RE:thing to wait for here?

thanks monzie.. so is the company actually still running accept McKay plant?  rate and reply
0 stars

RE:thing to wait for here?

Well considering the company has essentially been up for sale since 2013 with no results who knows how long it'll take.  McKay is in hibernation until oil prices go up so maybe the receivers are...read more
0 stars

thing to wait for here?

Is there anything we are waiting for here or is this done and no point of even checking back... ? How long usually receivership takes to cut up and sell a company? Looking at all the debt STP has...read more
0 stars

RE:RE:RE:Huge Gain Today?

you can only trade it OTC... when does it stop trading all together ? ... once everything the company owens is sold and all the money devided... ?  rate and reply
0 stars

RE:RE:Huge Gain Today?

Sadly this is no doubt an error, but it sure looks good in my accounts while it lasts. BTW...I will gladly sell my shares at US$.20. :)  rate and reply
0 stars

RE:Huge Gain Today?

Someone screwed up. Its been trading OTC in June, May April. Time & Sales Price Size   Mkt Time $0.20 1,395   OTO 16:02:41 $0.0001 1,395   OTO 06/29 $0.0001 2,500   OTO 06/19 $0.0001...read more
5 stars

Huge Gain Today?

Can anyone please explain why this stock shot to 20 cents?  What is happening?  rate and reply
0 stars

RE:RE:RE:RE:Notice from the Receiver

True enough. I for one am glad RBC is getting the shaft.  They had two years and came up with nothing, even when oil was a hundred bucks they were useless.  Oh well.  rate and reply
0 stars

RE:RE:RE:Notice from the Receiver

What does it mean for the second lien???? Looks like RBC is annoyed they won't be paid for running the SISP. http://www.pwc.com/en_CA/CA/car/stp/assets/stp-033_060115.pdf According to this the...read more
0 stars

RE:RE:Notice from the Receiver

I wonder what this means for debenture holders  rate and reply
0 stars

RE:Notice from the Receiver

Well it looks like assets worth $500 million and creditors worth almost $600 million so you know where shareholders fit .... last on the list and nothing is available. Another Venture Exchange bust...read more
0 stars

Notice from the Receiver

See Notice from the Receiver. http://www.pwc.com/en_CA/CA/car/stp/assets/stp-048_061515.pdf  rate and reply
0.5 stars

RE:what now?

Here is the Receivers Web site .It has everything that has been issued by Lawyers , the Court etc since CCAA in January. The final word on the Company will be posted here. http://www.pwc.com/ca/en...read more
0 stars

what now?

so what now guys ? how long will we wait to see what is sold and for how much...would we even know? would it be shared with shareholders? ...was the application for receivership approved by the court ...read more
0 stars

RE:RE:RE:RE:SOUTHERN PACIFIC CREDITORS FILE RECEIVERSHIP APPLICATION CAL

It must have been well short of the $130 million USD owed to the First Lien. If it was close I'd expect the Credit Suisse to cut and run. A running plant is more valuable than one that's been...read more
0 stars

Receivership Order

http://www.pwc.com/en_CA/CA/car/stp/assets/stp-034_060115.pdf  rate and reply
0 stars

RE:RE:RE:SOUTHERN PACIFIC CREDITORS FILE RECEIVERSHIP APPLICATION CAL

Monitors 5 th Report, Look at page 12 item 9, The bids they recieved where not sufficent to settle the debt owed to Fisrt Lien. http://www.pwc.com/en_CA/CA/car/stp/assets/stp-030_060115.pdf  rate and reply