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 > Hurricanes

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Comment by Flush11on Jun 27, 2022 5:54pm

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Post# 34785904

RE:RE:RE:RE:Hurricanes

whoops. a few typos.

1. we are trading above the financing price. small number but it is technically bullish.

I had an old broker at one point in the past that would be dumping stock like crazy if it traded significantly below the financing price

2. we are now set up to create lots and lots of news flow and/or deal flow. The management structure is in place to handle a much bigger company without having to add much staff.

Atkinson has some history with this. The Athabasca oil sands IPO and growth were pretty impressive and showed how strategic the management was at the time. We don't have anything near that scale with SOU (It had an IPO of 75 million shares at 18 bucks) of course but clearly the managment team has a deep, long term, strategic focus.

lets get accreting...

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This company starts production at what could be Canada’s next great gold mine