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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 > $20 million in Revenue in Q3/22
View:
Post by nozzpack on Aug 26, 2022 5:33am

$20 million in Revenue in Q3/22

These are my estimates of Q3 metrics which computes to $20 million CAD in Q3 revenues.

Average Production............3400 boepd

Average gas price..............$8.50 US= $65 CAD per boe


Which computes to Q3 production of 300,000 boe of times $65 CAD per boe =$20 million cad

And probably conservative ..
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