Southern Pacific Resource Corp. reported audited consolidated earnings results for the year ended June 30, 2014. For the period, the company reported petroleum revenue, net of royalties of $135,283,000. Funds from operations negative were $31,943,000 or $0.08 per share. Net loss was $424,264,000 or $1.07 per share. Cash from operating activities before net changes in non-cash working capital was $9,780,000 or $0.02 per share. Operating net back was $21,724,000. Operating netback $14.50.

For the period, the company reported production of heavy oil 2,230 bbl/d. Bitumen was 1,943 bbl/d. Total production was 4,173 bbl/d.