Southern Pacific Resources Corp STPJF
Morningstar’s Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
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Company Profile
Southern Pacific Resources Corp is a Calgary-based, Canadian resource corporation engaged in the development and operation of heavy oil and bitumen producing properties, with a focus on thermal extraction of in-situ oil sands projects in the Western Canadian sedimentary basin. Southern Pacific has two principal assets: STP-McKay and STP-Senlac. The company also holds additional oil sands leases in the McMurray and Peace River sub-basins in northeastern Alberta. The McKay Block consists of crown oil sands leases that cover approximately 59 sections, or 37,760 net acres to the corporation and STP-Senlac thermal heavy oil asset that includes three sections of 100% owned lands and approximately two gross sections of other lands located to the west of Unity, Saskatchewan.
Calgary, AB, T2P 2V7, Canada