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Southern Pacific Resource Corp T.STP

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

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: $0.005 | Change: $0.00 | %Change: 0.00%
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:STP halt

Sorry Bambus, STP owes approximately $682 million according to paragraph 69 on page 11 of the court filing. There isn't enough value left in STP to pay the creditors off. Secured and unsecured...read more
0 stars

RE:RE:STP halt

Secured loans are to be paid first and if there is something leftover then the common stock holders can be paid as well... accurate translation Nike? Were there any similar cases that you know of...read more
0 stars

RE:STP halt

@Bambus Read below, if you don't understand, feel free to ask. Companies’ Creditors Arrangement Act (R.S.C., 1985, c. C-36) Payment - equity claims s 6.(8) No compromise or arrangement that...read more
0 stars

RE:STP halt

Sorry typo..tsx not tax  rate and reply
0 stars

STP halt

Guys is STP halted bc of CCAA protection or bc tax is reviewing it to kick it out ?  rate and reply
0 stars

RE:RE:RE:IF you are holding STP.db Convertible Debs.

Lol, darn it Pandora... You and me... Let's go and represent...!  rate and reply
3.5 stars

RE:RE:IF you are holding STP.db Convertible Debs.

"anyone representing common stock holders? :(" Yeah, that guy from the Batman series -- The Joker!  rate and reply
0 stars

RE:IF you are holding STP.db Convertible Debs.

anyone representing common stock holders? :(  rate and reply
0 stars

IF you are holding STP.db Convertible Debs.

The  legal   firm   of   Cassels  Brock is  represented   these  holders  in  the  upcoming  re-organization.    If  you  are  a  holder   you  should  contact   Ryan   Jacobs   at   that  firm  at...read more
0 stars

RE:My 7th TSX oil stock delisted STP

Only posting this cause it seems like a great way to make money If you post your top oil picks (since you have had all those delisted) Your picks could be shorted for profit just saying : 0  rate and reply
4 stars

My 7th TSX oil stock delisted STP

It never stops on this fraud exchange, will be 8 soon with CLL near zero.  rate and reply
3.5 stars

RE:RE:RE:RE:RE:Devastating

I was the one which posted the TD report. You are a SH troll and I did not lose any money on STP. I guess you need to keep your persona going on all the other boards you post on? I hope I wasted your...read more
3 stars

RE:RE:RE:RE:Devastating

Participating in these messageboards has taught me a few things over the past couple of years. For your sake, I hope that you too have learned a thing or two during your time on Stockhouse. If you...read more
0 stars

RE:RE:RE:Devastating

Yeah I'm the Idiot eh shat. Right back at you. Are you a SH Troll?? I could keep going?? ShatnersRug May 01, 2014 - 09:43 AM 410 Reads Post# 22511666 STP Debentures Something big is brewing..... Read...read more
0 stars

RE:RE:Throw my estimate out the window

You could read the court documents, or save yourself some time and watch BNN. http://www.bnn.ca/News/2015/1/22/Energy-Watch-Southern-Pacific-first-in-oil-sands-to-seek-creditor-protection.aspx  rate and reply
0 stars

It appears the Saudi's are doing exactly what they expecded

They will shut down all these junior oils companies that operate at way to high costs.The managers and the workers are the only ones that make anything off these plays.There will be hundreds of small...read more
0 stars

RE:RE:RE:RE:Throw my estimate out the window

It is also very likely that PRY (Pinecrest) will be the next victim.  rate and reply
0 stars

RE:RE:RE:Throw my estimate out the window

It is so sad to see this. But that was expected because STP had so much debt. I think this is the typical ending with the leveraged players.  rate and reply
0 stars

RE:RE:Throw my estimate out the window

If you're a common shareholder you can pretty much kiss it alll goodbye. If it's in a cash/margin account you can claim the loss on your tax return next year. If you had the shares in a registered...read more
0 stars

RE:Throw my estimate out the window

So is that it are we done did we lose all our money?  rate and reply