Southern Pacific Resource Corp. Company News

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From Engineer To Sommelier: Calgary's Laid-off Oil Workers Try Plan B
Alejandro Rodriguez wants to be a sommelier. His previous experience: 20 years as an oil reservoir engineer.
8:00 PM EST | June 21, 2016
Southern Pacific to Purchase North Peace Assets
Southern Pacific and North Peace have entered into an agreement whereby Southern Pacific will acquire all of the issued and outstanding shares of North Peace.
8:00 PM EST | September 27, 2010
Southern Pacific Sees Increase in Heavy Oil Reserves
Southern Pacific announced that the estimate of the total proved plus probable recoverable heavy oil reserves within its 100%-owned Senlac Thermal Project in Saskatchewan has increased 14% from the previous estimate to 10.4 million barrels.
8:00 PM EST | April 25, 2010
Southern Pacific Cites 149% Increase in McKay Reserves
Southern Pacific Resource announced the estimate of the gross Probable recoverable bitumen reserves has increased by 149% to 168.1 million barrels.
8:00 PM EST | March 25, 2010
Southern Pacific Takes Stakes in 2 Canadian Oil Blocks
Southern Pacific Resource has signed a definitive agreement with its working interest partner, Bounty Developments, to acquire Bounty's entire 20% working interest in 59 sections of land in the McKay block.
8:00 PM EST | March 18, 2010
Southern Pacific Strengthens Board
Southern Pacific announced that Mr. Sid Dykstra has agreed to join the Board of Directors of the Corporation. Mr Dykstra brings a wealth of experience and knowledge in the oil sands industry and is a welcome addition to the Board.
8:00 PM EST | September 27, 2009
Southern Pacific Selects BMO Capital Markets to Evaluate SAGD Financing
Southern Pacific has appointed BMO Capital Markets as its financial advisor to help evaluate the options to finance construction of the Corporation's first SAGD oil sands project.
8:00 PM EST | July 15, 2009
Southern Pacific Achieves Reserves Classification Milestone
The 3P Exploitable Bitumen In Place recognized in an independent reserves evaluation for the STP-McKay project area represents a 50% increase over the previous year's estimate.
8:00 PM EST | July 12, 2009
Southern Pacific Submits Application for Bitumen Project in Alberta
Southern Pacific submitted an application to the Alberta Energy Resources Conservation Board and Alberta Environment for the development of its first 12,000 barrel per day bitumen project.
8:00 PM EST | May 28, 2009
Southern Pacific Clinches Saxony Acquisition
Southern Pacific has completed its acquisition of Saxony Petroleum, a private Alberta-based oil and gas company.
8:00 PM EST | April 29, 2009
Southern Pacific to Acquire Canadian O&G Company Saxony Petroleum
Southern Pacific has entered into a definitive agreement to acquire Saxony Petroleum Inc., a private Alberta-based oil and gas company.
8:00 PM EST | March 18, 2009
Southern Pacific Moves Forward with SAGD Project at STP-McKay
Southern Pacific has completed an engineering Design Basis Memorandum and cost estimate for its first in-situ steam assisted gravity drainage project, and has commenced its formal consultation process around the STP-McKay Project.
7:00 PM EST | November 16, 2008
Southern Pacific Completes Winter Exploration Program
Southern Pacific will complete the analysis and interpretation of all technical data collected this past winter, prioritize the potential project areas and begin the process of preparing a SAGD application for one or more of the projects.
8:00 PM EST | March 18, 2008
Southern Pacific Continues With Winter Core Hole Program
Southern Pacific Resource Corp. reported that its winter core program is continuing with 6 rigs running on 4 of the Corporation's prospect areas.
7:00 PM EST | February 20, 2008
Southern Pacific Completes Initial McKay River Core Holes
Southern Pacific Resource Corp. reported that they have completed the initial core holes at their McKay River property. Southern Pacific owns an 80% interest in 62 sections (31,744 net acres) at McKay River.
7:00 PM EST | January 24, 2008
Southern Pacific Begins Winter Exploration Program at Leismer
Southern Pacific has commenced its winter exploration program, a 17 km 3D seismic program at Leismer.
7:00 PM EST | December 05, 2007
Southern Pacific Receives Resource Report on New Acreage
Southern Pacific Resource has received the results of the contingent resource report from Degolyer & MacNaughton in regard to its recently acquired land positions in two new distinct core areas.
8:00 PM EST | July 25, 2007
Southern Pacific Reports Increase in Reserves at Leismer Area
Southern Pacific's probable and possible recoverable reserves at Leismer South is estimated to be 198.0 million barrels, 115.8 million barrels of probable recoverable reserves, with possible recoverable reserves estimated to be 82.2 million barrels.
8:00 PM EST | July 16, 2007
Southern Pacific Begins Second Phase of Winter Program
Southern Pacific Resource Corp. began the second state of its winter drilling program on February 22, 2007, and has completed the drilling, coring, and logging of the first four wells of the anticipated 12-well program.
8:00 PM EST | March 11, 2007