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Bullboard - Stock Discussion Forum 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... see more

TSXV:SOU - Post Discussion

Southern Energy Corp > Should Do about $18 million in Revenues this quarter
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Post by nozzpack on Jul 07, 2022 1:03pm

Should Do about $18 million in Revenues this quarter

Assumed natty gas price of $5.75 US assuming premiums ( $7 in CAD = $42 CAD per boe ).
Average Production 4500 boepd = 415,000 boe for the quarter.

Rounding off that's about $18 million CAD of which about $12 million will be near pure cash flows.

Plus any acquired production in the interim..
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Southern Energy Corp
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