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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 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

Bullboard Posts
Post by Oilmarketon Mar 14, 2013 4:53pm
175 Views
Post# 21131884

hand in the cokie jar

hand in the cokie jar

Well if you really want to do something, anyone not liking it can send a short letter stating as a shareholder of "X" shares that you disagree with swapping share for debt when the comapny has cash on hand and the last financials show no debt??   Normally debt for share swaps are only done on comapnies with no cash left.

 Send it to the company directly to Ronald Wiebe, Suite 910, 706 - 7th AveS.W., Calgary, AB T2P 0Z1 (fax 403-262-4451) and cc: complianceanddisclosure@tsxventure.com.  Could be fun.......  

Bullboard Posts