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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Comment by nozzpackon Jun 23, 2022 4:33pm

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Post# 34778522

RE:RE:WONDERING

That is a significant discount.

However, $10 million for 3 wells got us at least 2500 boepd .

So, $30 million should get us another 7500 boepd.
This gets us over the 10,000+ boepd by exit 2022.

So, the perspective ahead is quite good..

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Advancing flagship Ishkõday Gold Project in Ontario