STP Analysis - Byron Capital Markets (Jan 12th 2011)
Rating: Strong Buy
Target price C$3.75
http://www.byroncapitalmarkets.com/reports/Southern%20Pacific%20Resource%20Corp%20%20Note%20(01-12-2011).pdf
PS, Note Byron Capiltal base their analysis on an estimated WTI oil price for the year 2011 of $80 and that neither McKay phase 2 nor Read Earth are included in the analysis.
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