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 > WONDERING

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Post by CLOUDERon Jun 23, 2022 3:28pm

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Post# 34778226

WONDERING

WHY didn`t they use the chit load of money that they are making a day now to finance the drilling? WHY did they have to raise $30 million U.S. IS there another reason? i guess 90 ish cent`s isn`t to bad if they are cooking some thing up. man nat gas is getting clocked to today.

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