Location:
Canada, Alberta
Nearest Landmark:
FORT MCMURRAY
Distance from Landmark:
50 km
Direction from Landmark:
NW
Latitude:
57 Degrees 3 Minutes (North)
Longitude:
111 Degrees 58 Minutes (West)
Southern Pacific Resource announced that it 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.
Southern Pacific Resources announced it has begun its winter drilling program on the Hangingstone West and MacKay properties, Alberta, Canada. The 40 core hole program is designed to identify the company's second oil sands project area on its 269 sections of oil sands leases.
Southern Pacific Resource announced an update on activity in the McKay thermal projects, Alberta, Canada. No material questions were raised in the Energy Resources Conservation Board and Alberta Environment Supplemental Information Requests so the company is now moving towards completing a Front End Engineering and Design study on the project. In addition, the company announced the Senlac Thermal Project has now been fully integrated into Southern Pacific Resources.