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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

Comment by driller1aon Jun 28, 2022 2:08pm
133 Views
Post# 34788156

RE:This one is on sale.....

RE:This one is on sale.....Yes. I own SOU. I agree with all this data and target information. But, if there are more sellers than buyers the stock price will go down. This is not the big board where there is constant institutional buying. It's not like the markets program a price into a computer based on the financial information, fundamentals and speculation. There needs to be constant physical buying of the shares in order for the price to go up. Another point to remember is selling always wins if there is not consistent demand or buying of any stock because it's safest and easiest for people to just go to cash than to stress out waiting for a stock price to increase.
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