Southern Pacific Leads Energy Sector in 2010 TSX Venture 50
February 05 2010 - 10:15AM
Marketwired
Southern Pacific Resource Corp. ("Southern Pacific" or the
"Corporation") (TSX VENTURE: STP) is pleased to announce that TSX
Venture Exchange has identified Southern Pacific as #1 in the oil
and gas sector of the 2010 TSX Venture 50, a ranking of the
strongest performers listed on TSX Venture Exchange. TSX Venture 50
consists of 10 emerging companies in five industry sectors that
have been identified as leaders in Canada's public venture market.
Byron Lutes, Southern Pacific's President & CEO, said the
TSX Venture Exchange's announcement serves as reinforcement of the
success of the Corporation's balanced growth strategy.
"It's a tremendous honour to be identified as the top emerging
company in the oil and gas sector," Mr. Lutes said. "The selection
of Southern Pacific to the TSX Venture 50 is a reflection of the
market's recognition of our significant heavy oil production base
in Senlac, Saskatchewan and the advanced stage of the application
for our first thermal oil sands project in Athabasca, Alberta."
The 2010 TSX Venture 50 were selected based on four equally
weighted criteria including return on investment, trading, analyst
coverage and market capitalization growth in Cleantech, Diversified
Industries, Mining, Oil & Gas and Technology and Life Sciences
sectors.
"We are pleased to celebrate the 2010 TSX Venture 50," said John
McCoach, President, TSX Venture Exchange. "These outstanding
companies are proven leaders in their respective sectors and we are
proud to have them listed on TSX Venture Exchange. We wish them all
continued success."
The information contained herein is for information purposes
only and is not an invitation to purchase securities listed on TSX
Venture Exchange and/or Toronto Stock Exchange. TMX Group Inc. and
its affiliates do not endorse or recommend any securities
referenced. Neither TMX Group Inc. nor its affiliated companies
represents, warrants or guarantees the accuracy or the completeness
of the information. You should not rely on the information
contained herein for any trading, business or financial purposes.
TMX Group Inc. and its affiliates assume no liability for any
errors or inaccuracies herein or any use or reliance upon this
information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Southern Pacific Resource Corp. Byron Lutes President
& CEO (403) 269-1529 blutes@shpacific.com Southern Pacific
Resource Corp. Dave Antony Chairman (403) 269-5219
dantony@shpacific.com www.shpacific.com
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