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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

Post by nozzpackon Jun 08, 2022 5:47pm
182 Views
Post# 34741854

IP 30 scheduled for late June

IP 30 scheduled for late JuneIP30 is needed to demonstrate peak production level.
Knowing the decline rate, rationalized production using Good Practises can be established.

In unusual cases, it may take longer than a 30 days production test.

So, for a while yet, we will be in a stalled public activity mode , awaiting IP 30 statistics from the first well.
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