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 > Not terrible news but not fantastic either

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Comment by Mickey2on Apr 21, 2022 11:16am

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Post# 34620229

RE:Not terrible news but not fantastic either

if you're a oil/gas guy, then you know that completing 3 wells is not really news...We knew it would be completed sometime in mid April...you and I know damn well its the flow rates that we are waiting for.

jeffrey8 wrote: If I sold all my shares the price would go to .40. I am unhappy but holding. If news was so fantastic then why is stock down 10%-15% since the news release.

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