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Southern Pacific Resource Corp T.STP

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  STPJF

Price: N/A | Change: N/A | %Change: N/A
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.38/0.005
View modes: 
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:Affidavit: "...McKay and Senlac ...grossly mismanaged"

Looks like the concerns of the 2nd lien holders about the process happening to fast as well as some things that can be done to improve the balance sheet are both correct! 1. the altex deal is gone...read more
0 stars

RE:Stay Extended to June 1 st.

Wonder if that's a good thing or bad... To me it looks like they weren't getting the money they wanted therefore the extension...maybe they are buying time until the oil goes up again so there is more...read more
0 stars

Stay Extended to June 1 st.

http://www.pwc.com/en_CA/CA/car/stp/assets/stp-029_050115.pdf  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:More drama

The only explanation is the 2nd lien guys have already written off STP and moved on. I woul really hope these guys can read a simple call for proposals. They can't be that stupid,....or can they? Here...read more
0 stars

RE:RE:RE:RE:RE:More drama

No prob nike, the other weird thing about the 2nd lien guys is that they barely even accessed the data room, they're the ones who asked for an extension on the SISP to give them more time to review.  ...read more
0 stars

RE:RE:RE:RE:More drama

Well well....according to the fourth monitor report it looks like getting rid of Altex has brought STP pretty close to operational breakeven despite the crappy oil prices. I bet they're haggling over...read more
0 stars

Stay Extension to May 29th

Looks like the Stay will be extended toMay 29 if the Court approves. See 4 th Monitors Report below. http://www.pwc.com/en_CA/CA/car/stp/assets/stp-028_042315.pdf  rate and reply
0 stars

RE:RE:RE:More drama

Well atleast with the Conacher deal the common shareholders get to retain 2% of the company. Who knows maybe the STP commons might be thrown a bone too.  rate and reply
0 stars

RE:RE:More drama

problem is the capital structure, form a line behind The bank LOC, Credit Suisse, Second Tier and the trades / creditors.  Debentures will likely get something, but probably fare better in a...read more
0 stars

RE:More drama

I myself don't really care about the debenture holders getting crumbs. All or none as far as I am concerned. My money was as good as theirs -- same color same denominations. Spread the crumbs to all...read more
0 stars

More drama

Looks like the Second Lien noteholders are accusing management once again of giving the first lien holders preferential treatment.  And a request to extend the stay until May 29th has been filed.  On...read more
0 stars

RE:RE:April 27 End of Stay

Ain't nobody gonna stop you from dreaming !!! Lol .... Big Zero for common share holders in my opinion...  rate and reply
0 stars

RE:April 27 End of Stay

Do you think the lowly shareholders will get anything? Do I dare to dream!  rate and reply
0 stars

April 27 End of Stay

We should hear something this week on the asset sale and future of STP and the current stakeholders settlement.  rate and reply
0 stars

RE:$2 Shat?

Lol, bring me back to 0.02 and I will be happy !  rate and reply
0 stars

$2 Shat?

Shat, are we still heading back to $2/share?  Should I stick around?  rate and reply
0 stars

RE:STPJF

talked to my broker, STP delisting on tsx is finalized and the shares automayically have gotten transfered to where STP stock is sill activily trading.... which is STPJF , US stock exchange.  rate and reply
0.5 stars

STPJF

There has been a bit of trading on the OTC since Halted/delisted in Canada. Time & Sales     Price Size    Mkt Time ...read more
0 stars

RE:RE:RE:RE:what did i miss

I'm with Dundee and at this point there is no change to mine.  rate and reply
0 stars

RE:RE:RE:what did i miss

the same thing happened to my stp stock... im trading with td  rate and reply