Southern Energy Corp V.SOU

Alternate Symbol(s): SOUTF

Energy

Southern Energy Corp. is a Canada-based natural gas exploration and production company. The Company has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. It has three assets in the Mississippi Interior Salt Basin (MISB), which include the Gwinville, Mechanicsburg, and Mount Olive East fields. It operates and owns a working interest in over 12,000 held by the production acres of land in the Gwinville field. It operates and owns a working interest in approximately 12,450 held by the production acres of land in the Gwinville field. The Company operates and owns a working interest in over 3,400 held by production acres of land in the Mechanicsburg field. It owns and operates production from a number of other fields in the MISB within 40 miles of Gwinville, including Greens Creek and Williamsburg South gas fields, along with minor oil production from the Magee field.

TSXV:SOU - Post by User

Southern Energy Corp

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Post by jeffrey8on Apr 22, 2022 12:12pm

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Post# 34624022

Intriguing early move today

Oil down substantially, market down substantially but strangely Southern is spiking on unusually high volume. Maybe good results are leaking out as they always do. Broad buying across many brokerages is a very good sign with micro caps. Most sellers are anonymous. I hope it sticks and we finish up today. Although I have been frustrated and impatient in the last week I am bullish on a nice leg up once results are released and we possibly double production. Their strategy is very reproducible once they have a grasp of the geology in the area.

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