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 > SOU new target $1.76!!

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Comment by nozzpackon May 30, 2022 7:49pm

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Post# 34718523

RE:SOU new target $1.76!!

There is a second one at $2.36 .
Im not sure if these are in USD or CAD but assume CAD.

They have a large drilling inventory so it's just a matter of production of new wells cash flowing the drilling of the next pod of 3-4 wells.

Management have an excellent success performance background and own significant shares.
So, a nice little company that many investors are not yet aware of..

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