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 > Southern Energy Corp.'s Corporate Presentation - August 2022

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Comment by RogueWolfon Aug 23, 2022 7:56pm

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Post# 34915760

RE:Southern Energy Corp.'s Corporate Presentation - August 2022

Lovin' this company. The presentation highlights some great points, a current $5 premium to Nymex, a 187% IRR at current pricing for the Q4 Gwinville program (897% at current premium - 4 month payback). It also mentions acquisitions, it would make sense to purchase flowing barrels cheaper at current pricing as opposed to drilling with their entire budget - hopefully a nice surprise to up production before year end. Rogue,

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