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Bullboard - Stock Discussion Forum 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... see more

TSXV:SOU - Post Discussion

Southern Energy Corp > Gwinville Upside
View:
Post by nozzpack on Jan 06, 2022 2:41pm

Gwinville Upside

They have substantial organic growth in all of their assets in the South

Gwinville is an excellent where they are now drilling 3 horizontal wells

For example , the Selma Chalk, with a current recovery of 15% from a multi zone production of 
of 1.5 Tcf, 12 MMbbl, and a current decline less than 10%.

 

There are At least 2 stacked horizons to be accessed with horizontal drilling and modern completion designs, following on the early success of previous operator.

 
Then there is the Significant potential below the Tuscaloosa from zones which have produced more than 750 Bcf and 80 MMbbl from immediately offsetting fields and Southern has its 
Owned and operated infrastructure with expandable capacity in that area,l
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