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Southern Pacific Provides September Operational Update

Southern Pacific Provides September Operational Update 
CALGARY, ALBERTA -- (Marketwired) -- 10/08/13 -- Southern Pacific
Resource Corp. (TSX:STP) ("Southern Pacific" or the "Company") today
provided an operational update for the month of September 2013 with
respect to the Company's STP-McKay and STP-Senlac thermal projects. 
Total Corporate Production 
Total Company production, which includes bitumen production from
STP-McKay and heavy oil from STP-Senlac, averaged 5,042 bbl/d
("barrels of oil per day") for the month of September 2013,
representing a 5% increase from the prior month. 
STP-McKay Thermal Project 
Southern Pacific continues to focus efforts on the ramp-up at
STP-McKay. Average bitumen production was 2,305 bbl/d for the month
of September, a 22% increase over the previous month. Operations
during the month of September were steady, with no major changes to
the status of the well pairs. Southern Pacific is continuing to
advance and implement its operations strategy at STP-McKay. The
Company is pleased with the improving performance of the well pairs
in the field that are now on steady steam-assisted gravity drainage
(SAGD), and has plans in place to accelerate and improve steam
chamber conformance along certain pairs by applying stimulation
techniques including high pressure steam stimulation (HPSS). 
STP-Senlac Thermal Project 
Heavy oil production at STP-Senlac averaged 2,737 bbl/d for the month
of August. Last month a well pair on Phase K was taken off production
for a down hole repair. That repair has now been completed and the
well pair is currently on production. 
Fiscal Q1 2014 
Southern Pacific plans to release its first quarter fiscal 2014
financial and operating results, in addition to its October
operational update, on or about November 6, 2013. 
"Our long-term commitment of value creation remains strong," said
Byron Lutes, Southern Pacific's President & CEO. "We're encouraged by
the steady growth in production at STP-McKay." 
About Southern Pacific 
Southern Pacific Resource Corp. is engaged in the exploration,
development and production of in-situ thermal heavy oil and bitumen
production in the Athabasca oil sands of Alberta and in Senlac,
Saskatchewan. Southern Pacific trades on the TSX under the symbol
"STP". 
Advisory 
This news release contains certain "forward-looking information"
within the meaning of such statements under applicable securities law
including estimates as to: future production, operations, operating
costs, commodity prices, administrative costs, commodity price risk
management activity, acquisitions and dispositions, capital spending,
access to credit facilities and lending costs, income and oil taxes,
regulatory changes, and other components of cash flow and earnings
anticipated discovery of commercial volumes of bitumen, the timeline
for the achievement of anticipated exploration, anticipated results
from the current drilling program and, subject to regulatory approval
and commercial factors, the commencement or approval of any SAGD
project. 
Forward-looking information is frequently characterized by words such
as "plan", "expect", "project", "intend", "believe", "anticipate",
"estimate", "may", "will", "potential", "proposed" and other similar
words, or statements that certain events or conditions "may" or
"will" occur. These statements are only predictions. Forward-looking
information is based on the opinions and estimates of management at
the date the statements are made, and are subject to a variety of
risks and uncertainties and other factors that could cause actual
events or results to differ materially from those projected in the
forward-looking statements. These factors include, but are not
limited to the inherent risks involved in the exploration and
development of oil and gas properties and of oil sands properties,
delays in ramp-up operations, the uncertainties involved in
interpreting drilling results and other geological data, fluctuating
oil prices and discounts, the possibility of unanticipated costs and
expenses, uncertainties relating to the availability and costs of
financing needed in the future and other factors including unforeseen
delays. As an oil sands enterprise in the development stage, Southern
Pacific faces risks including those associated with exploration,
development, ramp-up, approvals and the continuing ability to access
sufficient capital from external sources if required. Actual
timelines associated may vary from those anticipated in this news
release and such variations may be material. Industry related risks
could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans,
risks associated to the uncertainty of reserve estimates, health and
safety risks and the uncertainty of estimates and projections of
production, costs and expenses. For a description of the risks and
uncertainties facing Southern Pacific and its business and affairs,
readers should refer to Southern Pacific's most recent Annual
Information Form. Southern Pacific undertakes no obligation to update
forward-looking statements if circumstances or management's estimates
or opinions should change, unless required by law.  
The reader is cautioned not to place undue reliance on this
forward-looking information.
Contacts:
Southern Pacific Resource Corp.
Greg Foofat
Investor Relations
403-930-5621
gfoofat@shpacific.com 
Southern Pacific Resource Corp.
Byron Lutes
President & CEO
403-269-1529
blutes@shpacific.com 
Southern Pacific Resource Corp.
Howard Bolinger
CFO
403-269-2640
hbolinger@shpacific.com
www.shpacific.com
 
 
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