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Southern Pacific Announces Refiling of MD&A for the Year Ended June 30, 2013

CALGARY, ALBERTA -- (Marketwired) -- 05/21/14 -- Southern Pacific Resource Corp. ("Southern Pacific" or the "Corporation") (TSX: STP) today announced that it has filed an amended management's discussion and analysis ("MD&A") 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 ("ICFR") and disclosure controls and procedures ("DC&P"). The original disclosure only referred to the design of DC&P and ICFR and the amended disclosure refers to the design and effectiveness of DC&P and ICFR. The Corporation is issuing this press release to clarify the reason for the amendment of its MD&A. The amended MD&A is available on SEDAR at www.sedar.com.

The additional disclosure does not impact the audited consolidated financial statements of the Company for the period ended June 30, 2013.

About Southern Pacific

Southern Pacific Resource Corp. is engaged in the exploration, development and production of in-situ oil sands in Alberta's Athabasca region, and the thermal production of heavy oil in Senlac, Saskatchewan. Southern Pacific trades on the TSX under the symbol "STP."

Contacts:
Southern Pacific Resource Corp.
Greg Foofat
Investor Relations
403-930-5621
[email protected]

Southern Pacific Resource Corp.
Byron Lutes
President & CEO
403-269-1529
[email protected]

Southern Pacific Resource Corp.
Howard Bolinger
CFO
403-269-2640
[email protected]
www.shpacific.com

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