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Southern Energy Corp V.SOU

Alternate Symbol(s):  SOUTF

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

Post by bjbearon Jun 30, 2023 9:41am
327 Views
Post# 35522041

NATURAL GAS HERE TO STAY ARTICLE

NATURAL GAS HERE TO STAY ARTICLEGood article on the future of nat gas. Unlike oil, nat gas is needed to back up generating capacity around the world when the sun doesn't shine and the wind doesn't blow! No way around it as renewables like solar and wind are so variable and battery backup for these are still very, very expensive in spite of the B.S. you read from the renewable crowd..

https://financialpost.com/investing/gas-here-to-stay-decades-fossil-fuel-heavyweights
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