torsdag 5 november 2009

STP - conference calls

If you havent yet, I do beleive it is worth while to listen in in this coference call. It really comes across as the Senlac aquisition will become a really great stepping stone in the further development of STP. Clearly and as Senlac uses the very same SAGD technology as will be used at McKay, STP has with this aquisition brought on some very key production expertice and personell that will be very important in order to develope and put in to production STPs next coming projects. Senlac production keeps coming in better than expected and certainly looks very promesing indeed.

Company is also making great progress in regards of their first application at McKay that will provide a 12.000 bpd 30 years, non declining production and already now they are in the process of hopfully identifying yet another 12.000 pbd project in addition to that.

"Southern Pacific has scheduled a conference call to discuss the Senlac Acquisition and recent corporate developments. The call is set for 9 a.m. Mountain Standard Time (11 a.m. Eastern Standard Time) on Wednesday, November 4, 2009. To participate, please call 416-695-6616 or 1-800-952-4972. A presentation by Byron Lutes, President & CEO, Southern Pacific, will be followed by a question and answer period. If you are unable to participate, a taped broadcast will be available until November 9, 2009. To access the replay, dial 416-695-5800 or 1-800-408-3053. The pass code is 6106870#."

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