Last C$0.0050 CAD
Change Today 0.00 / 0.00%
Volume 0.0
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As of 3:57 PM 01/21/15 All times are local (Market data is delayed by at least 15 minutes).

southern pacific resource co (STP) Snapshot

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Day High
Day Low
52 Week High
03/27/14 - C$0.38
52 Week Low
12/15/14 - C$0.0050
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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southern pacific resource co (STP) Details

Southern Pacific Resource Corp. engages in the development, exploration, and production of in-situ oil sands and heavy oil properties in Western Canada. The company primarily holds 100 % working interests in STP-McKay oil sands leases covering approximately 59 sections or 37,760 net acres of oil sands leases located in the Athabasca oil sands in north-eastern Alberta; 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. The company was formerly known as Southern Pacific Development Corp. and changed its name to Southern Pacific Resource Corp. in March 2006. Southern Pacific Resource Corp. was incorporated in 1953 and is headquartered in Calgary, Canada.

86 Employees
Last Reported Date: 09/25/14
Founded in 1953

southern pacific resource co (STP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$397.5K
Chief Financial Officer
Total Annual Compensation: C$280.5K
Vice President of Corporate Development
Total Annual Compensation: C$214.0K
Vice President of Land & Regulatory Affairs
Total Annual Compensation: C$224.5K
Compensation as of Fiscal Year 2014.

southern pacific resource co (STP) Key Developments

TSX Announces Delisting Review Of Southern Pacific Resources

Further to Bulletin #2015-0029 dated January 15, 2015 TSX is now reviewing the Common Shares and Debentures of the Southern Pacific Resource Corp. with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Securities are suspended from trading immediately.

TSX Announces Delisting Review Of Southern Pacific Resource

TSX is reviewing the Common Shares and Debentures of Southern Pacific Resource Corp. with respect to meeting the continued listing requirements. The Company has been granted 120 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.

Southern Pacific Resource Considering Strategic Alternatives

Southern Pacific Resource Corp. (TSX:STP) has initiated a process to identify, examine and implement strategic and financial alternatives available to the company in order to address its liquidity and capital structure. Strategic and financial alternatives may include, but are not limited to, the sale of the company or all or a portion of its assets, recapitalization, debt restructuring or any combination thereof. RBC Capital Markets have been retained as the company's financial adviser to assist with this process.


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