Southern Pacific Resource Corp.
Southern Pacific Resource Corp.
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Operations

Senlac

Senlac


  • 100% STP owned and operated for over 4 years
  • Average SOR = 2.9
  • Experienced operations staff
  • One pad of 2-3 SAGD well pairs drilled per year
  • 11-12° API oil
  • Favourable Saskatchewan regulatory regime
  • Low total operating costs (~$12.00/bbl), reduced diluent requirements (~22%) and favorable royalties (~16%) allows STP-Senlac to generate consistently strong netbacks

 

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