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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 DocPaton Nov 25, 2022 1:53pm
209 Views
Post# 35128659

RE:so just a word of caution

RE:so just a word of cautionI agree with you on this point Uograd .. but, the decline of the first wells will matter much less, or not at all if they can stay in the zone drilling the coming wells and with that, I think things will start heading North .. maybe in a big way. I'll hang onto mine .. the long term potential .. which isn't really long term but happening now, is just to strong (IMHO) to trade for nickles and dimes and risk loosing the big lift.

Doc.
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