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Southern Pacific Resource Corp T.STP

Sector: Energy | Sub-Sector: Oil & Gas E&P
Primary Symbol: 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
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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
0 stars

RE:RE:SOUTHERN PACIFIC CREDITORS FILE RECEIVERSHIP APPLICATION CAL

Geez I wonder how low the offers were if receivership turned out to be the best course of action.  rate and reply
0 stars

RE:SOUTHERN PACIFIC CREDITORS FILE RECEIVERSHIP APPLICATION CAL

Wow...that's it then...our chances went from very slim to none... Time to put those loses behind and move on... Well, this is the worse scenerio for unsecured shareholders...everything is gonna go for...read more
0 stars

SOUTHERN PACIFIC CREDITORS FILE RECEIVERSHIP APPLICATION CAL

SOUTHERN PACIFIC CREDITORS FILE RECEIVERSHIP APPLICATION CALGARY, Alberta – May 28, 2015 – Southern Pacific Resource Corp. (the “Company” or “Southern Pacific”) announced today that the Company’s...read more
0 stars

RE:RE:RE:SOUTHERN PACIFIC PLANS TO SUSPEND OPERATIONS AT STP-McKAY

Given the company was close to break even in the last monitor's report, I think they are trying to get past break even by doing this. I can understand why this is not great news if you are employed...read more
0 stars

RE:RE:SOUTHERN PACIFIC PLANS TO SUSPEND OPERATIONS AT STP-McKAY

I don't read the news release as anything but negative. CCAA stay ends June 1st. STP-McKay is being put into hibernation by the end of July. Interested buyers in McKay would need to act before June...read more
0 stars

RE:SOUTHERN PACIFIC PLANS TO SUSPEND OPERATIONS AT STP-McKAY

Interesting... I think a deal is cooking ... This appears to me to be a  non-monitor driven adjustment  like altex A good way to cut costs is to reduce G&A/managerment... don't need high-end...read more