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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 Jul 05, 2022 5:04pm
130 Views
Post# 34803314

RE:RE:RE:RE:Sevvy Cent. I called it. Siddy Cent nek.

RE:RE:RE:RE:Sevvy Cent. I called it. Siddy Cent nek.Agreed. Too many shares outstanding for my liking with TCF. I rarely buy companies with more than 100-150 million shares outstanding. Especially penny stocks. There's just too many shares available to be sold and weigh down the price everyday. Watch the trading closely. You will see unlimited blocks of stock coming out of the woodwork all day long. The volume to move a stock like that up in price needs to be astronomical day after day to outweigh the sellers.
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