tisdag 29 september 2009

Goda STP nyheter

Det blir bara bättre och bättre. Execution is key och så här lång har STP management gjort allt rätt.

Ex-Opti CEO joins junior oilsands team
Sid Dykstra, former president and chief executive of Opti Canada, is jumping back into the oilsands with a directorship in Southern Pacific Resource Corp.

The Calgary-based junior announced Monday that Dykstra has come aboard to provide guidance as it moves forward with a 12,000-barrel-a-day steam-assisted gravity drainage project on its McKay block in the Athabasca oilsands.

In May, Southern Pacific filed the application for the project, which is forecast to produce bitumen for 30 years."The approval process is expected to take 12 to 15 months, during which time Southern Pacific plans to secure project financing, begin detailed engineering and long lead equipment procurement," says its website.

Dykstra should be an expert on the pitfalls of junior oilsands development.

http://communities.canada.com/calgaryherald/blogs/pipeline/default.aspx

STP.V igen
http://intheendwerealldebt.blogspot.com/2009/09/stpv-igen.html

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