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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

Post by uogradon Feb 06, 2023 11:01am
336 Views
Post# 35269173

what a sad story here

what a sad story herei have no interest in buying at .64 and that is a sad tale.  these nymex gas prices just keep dropping and dropping and aeco is not much better.

hard to believe. the shorters who bet against gas were sure smarter than me

i guess we will wait and see how the drilling goes but looks like dead money for an extended period with winter almost over and no upside to gas on the horizon,.
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