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 > 72 million shares traded above 87 cents

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Post by jermiah777on Jun 28, 2022 1:25am

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Post# 34786424

72 million shares traded above 87 cents

On April 29th, share price was basically what it is today. And it remained above 87 cents and right up to 1.49 from April 29th until now. Trading over 72 million shares in the range of 87 cents to 1.49. Combine this with the fact that all the new shares are bought in at 87 cents, and you have to wonder if this will give some support to this level

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