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 > new horizontal gas well by well

<< Previous

Bullboard Posts

Next >>

Comment by Bruce1on Nov 07, 2022 8:59pm

194 Views

Post# 35080675

RE:RE:new horizontal gas well by well

I would like to understand the reasons for the decline (reservoir, equipment failure, other) prior to going off the deep end. However, I'm not impressed with SOU communications to shareholders as well as the delay in getting to 10,000 boe considering the amount of cash on hand. There better be a nice surprise coming and going back to the 0.80's does not qualify as nice.

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals