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 nozzpackon Jun 17, 2022 11:55am

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Post# 34764761

GH10-3 Well could see increased flow after cleanup

The GH 19-3 No. 2 well was opened to flowback following the stimulation operation.

After approximately one week of cleanup, the well is flowing at 7.7 MMcf/d (1,280 boe/d) at a highly restricted flowing pressure of 1,100-pound-per-square-inch gauge.

Production from the well is flowing directly to sales, creating significant additional cash flow for the company.

The well continues to produce over 2,000 barrels per day of load fluid, with approximately 24 per cent recovered to date.

Throughout the first week of production, as more load fluid is recovered, the well's gas rate has consistently increased day over day.

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