STP

Not bad! STP in fact now has identified TWO new 12.000 bpd capacity projects at McKay in addition to the one already in the works.

Really, really good is also the fact that apparently STP will be able to re use lot´s of infrastructure and thus acheive real economies of scale.

Also and as this Mckay land is part of the very same bitumen trend of AOS that PetroChina just recently bought well then STP has proven they soon in this very same are will be able to get significant production at McKay only.

"a total 3P reserves plus P10 contingent resources plant capacity requirement of 40,000 bbl/d."

"Based on the results of Southern Pacific´s drilling program and its ongoing technical review, the Company has begun planning for its next SAGD oil sands project on its McKay block. Southern Pacific currently has an application for a 12,000 bbl/d SAGD project (STP-McKay) under regulatory review, with approval expected in the fall of 2010.

The next project is being planned to recover the contingent resources on both the north and south blocks of the Company´s McKay leases. Initial plans are to size the facilities for approximately 24,000 bbl/d of bitumen production, which may be further divided into two 12,000 bbl/d facilities to take advantage of the repeatable efficiency of projects this size.

This new project would make use of existing infrastructure being planned for the STP-McKay project such as road access, pipelines and staff. Southern Pacific is currently preparing to commence environmental work this spring and summer and will begin scouting for adequate surface locations to host facilities and well pads. A program to acquire further the technical data required to finalize a project application will also be planned for next winter."
http://finance.yahoo.com/news/Southern-Pacific-Reports-iw-3071125040.html?x=0&.v=1