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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
Comment by Winnipeg40on May 20, 2014 11:50pm
116 Views
Post# 22580709

RE:RE:RE:NEWS out

RE:RE:RE:NEWS outSo I have 1 Million shares..You? I have been on boards of junior o+G co's You? I have been a financial officer of more than one oil co. You? I stated facts..this company has enough cash to drill two wells..if they don't come in at reasonable rates, the company is done...and I am sure you know how many ways even a successful well can screw up before it produces a single barrel. If they are successful, then a big win...that is gambling..pure and simple. No one can accurately predict with certainty success or failure
Bullboard Posts