Southern Pacific is positioned for growth from both heavy oil at STP-Senlac in Saskatchewan and bitumen at STP-McKay in Alberta.
The Southern Pacific Strategy
- FOCUSED: We develop and produce bitumen and heavy oil using horizontal wells and steam.
- INDEPENDENT: We control and operate 100% of our production and 89% of our lands, allowing us to develop at a pace that fits our objectives.
- DEMONSTRATED EXECUTION: We have solid operations and construction expertise combined with proven financing abilities.
- FOCUS ON CAPITAL EFFICIENCY: We build scalable projects that can be managed cost effectively, avoiding unproven technologies and improving existing technologies by reducing costs or increasing throughput.