CALGARY, ALBERTA--(Marketwired - Nov 25, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today completed the closing of the previously announced agreement to dispose of its entire interest in its Red Earth assets. The consideration for this sale is $19.5 million cash. About Southern Pacific [...]
CALGARY, ALBERTA--(Marketwired - Nov 20, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) is pleased to announce that at the annual general and special meeting held in Calgary, Alberta on November 19, 2014 (the "Meeting") holders of common shares of Southern Pacific: (i) re-elected Byron C. Lutes, David M [...]
CALGARY, ALBERTA--(Marketwired - Nov 17, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced the signing of an agreement to dispose of its entire interest in its Red Earth assets. The consideration for this sale is $19.5 million cash and the transaction is expected to close on or about November [...]
CALGARY, ALBERTA--(Marketwired - Nov 14, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced its financial and operational results for the quarter ended September 30, 2014. HIGHLIGHTS: Total Company production, which includes bitumen production from STP-McKay Phase 1 and heavy oil from [...]
CALGARY, ALBERTA--(Marketwired - Oct 27, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today provided an operational update with respect to the Company's STP-McKay and STP-Senlac thermal projects. The Company has continued to focus on optimizing production from its STP-McKay Thermal Project and maintaining [...]
CALGARY, ALBERTA--(Marketwired - Sep 25, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced its financial and operational results for the year ended June 30, 2014. HIGHLIGHTS: Total Company production, which includes bitumen production from STP-McKay Phase 1 and heavy oil from STP-Senlac [...]
CALGARY, ALBERTA--(Marketwired - Aug 21, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) has concluded its strategic review process. On December 11, 2013 Southern Pacific announced the initiation of a strategic review process ("SRP") aimed at identifying and considering all strategic and financial [...]
CALGARY, ALBERTA--(Marketwired - Jun 17, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) has completed another Inflow Control Device ("ICD") installation on one of its SAGD well pairs at the STP-McKay Thermal Project. The ICDs were installed on the 2P5 well pair, making this the third well pair of the 12 [...]
Southern Pacific Resource today announced that it has filed an amended management's discussion and analysis for the year ended June 30, 2013 to include additional disclosure required by applicable regulatory requirements with respect to its internal controls over financial reporting and disclosure controls and procedures. The original disclosure [...]
CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced its financial and operational results for the quarter ended March 31, 2014 ("Q3 2014"). HIGHLIGHTS: Total Company production, which includes bitumen production from STP-McKay Phase 1 and heavy oil from [...]
CALGARY, ALBERTA--(Marketwired - Mar 31, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) announced today that it has closed the previously announced loan agreement with Credit Suisse AG and its affiliate for a new first lien term loan facility with an aggregate principal amount equal to the U.S. dollar [...]
CALGARY, ALBERTA--(Marketwired - Mar 26, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) announced today that further to the ongoing review of strategic and financial alternatives, it has entered into a fully underwritten loan agreement with Credit Suisse AG and its affiliate for a new first lien term loan [...]