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.

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Southern Energy Corp > What’s Your Exit Plan for $SOU?

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Comment by bjbearon Dec 09, 2024 3:27pm

92 Views

Post# 36353307

RE:RE:RE:What’s Your Exit Plan for $SOU?

I am holding on as this is tax loss season. This winter will be colder that last years which was one of the mildest on record. Will be a better story once gas clears $3.50

Technically the stock has moved up a bit from below 20 RSI which is somewhat positive. Level 2 buy side quotes below 0.09 are huge with small sell side quotes above 0.09. In another month SOU could be in recovery mode if the weather cooperates.

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