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

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Post by clyfor13yrson Jun 02, 2022 12:49pm

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Post# 34726919

Lift off soon for SOU

Can't believe SOU is still flying under the radar.

At $8+ gas, with news imminent of potentially more then doubling production, this is going to take off like a rocket.

$3 price target is conservative in my opinion.

In the next few months, won’t be unreasonable to see them do revenue of + $20M USD a quarter.

What's the market cap for that..........significantly higher then it is now!

I’m glad I stumbled onto this stock!

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