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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 30, 2022 8:10pm
257 Views
Post# 35141575

RE:New monthly production is in

RE:New monthly production is in"The wells are continuing to perform as expected"


From this, it would seem, they are saying that they are on prognosis for the +- 14,000 boe/d by the end of their 2023 drilling program. That's a lot of revenue.

Also exceptional that they get a premium price for their natural gas.

This could get exciting.

DYODD

Doc.
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