Southern Energy Corp V.SOU

New monthly production is in

[harpi489]

19-3 #2 
Gwinville SELMA CHALK GAS POOL 2022 9 30 F 55 106 6868 79535

Gwinville SELMA CHALK GAS POOL 2022 8 31 F 55 138 13299 121483

Gwinville SELMA CHALK GAS POOL 2022 7 31 F 56 305 21856 164422

Gwinville SELMA CHALK GAS POOL 2022 6 28 F     38627 155136
35% drop this month, 52% drop in 2 months.

19-3 #3

Gwinville SELMA CHALK GAS POOL 2022 9 30 F 54 78 7432 61018

Gwinville SELMA CHALK GAS POOL 2022 8 31 F 54 87 12609 82793

Gwinville SELMA CHALK GAS POOL 2022 7 31 F 56 162 22582 107324

Gwinville SELMA CHALK GAS POOL 2022 6 15 F     18077 45963
27% drop this month, 44% drop in 2 months

19-3 #4

Gwinville SELMA CHALK GAS POOL 2022 9 24 F 57 98 6693 42696

Gwinville SELMA CHALK GAS POOL 2022 8 31 F 57 115 18485 74603

Gwinville SELMA CHALK GAS POOL 2022 7 31 F 59 142 39394 112025

Gwinville SELMA CHALK GAS POOL 2022 6 15 F     32289 40702

43% drop this month, 62% drop in 2 months

from the last press release
"The wells are continuing to perform as expected"

Total productin 1 Bcf. capex 20mm

[uograd]

sadly this information was already known.  not well by well but you could figure out well production for september from last press release what hasn't been released yet is how much the wells have crashed in october and november.  this is going to be coyote ugly with no positive new production news expected until sometime in january if not later, stock price is going to get hit by

[Amigo11]

Why do you persist in being a troll.What are you uding inside info ? Or want to look smarter than others ? Or just a know it all ?Go short the stock

[Amigo11]

Uograd -whats your problem ?have a bit too much in FTX and want to sour everyone else.Why not use your inside info constructively ?

[uograd]

amigo, no problem here, I just warned everyone that when stock was 1.08 to be cautious because q4 is going to show massive well depletion and no new production even if drilling plan is successful will show up before january at the earliest not my fault the company was 60 days late getting a rig or they could have had additional well production in december i have modelled out production on the

[Amigo11]

Has no impact on me -truth hurts ???in for more than a month-glad you're happy tho-glad you're on top of everything-

[harpi489]

Inside info? It is from the government website Amigo. it couldn't be anymore public than that.  I don't know it all, but I know a little bit.

[Amigo11]

Ok day traders -enjoy-there must be a gamblers thrill to the up and down a dime market -its just not what I look for in an investment-but not acting doesnt equate to being wrong

[swanvesta]

The October production looks to have been included in the November presentation, at least as an average over the 3 wells. Something you missed in your due diligence ;-)? I agree that the decline is steep though, and the jury would seem to be out on EUR for these type 3 wells vs type 2.

[harpi489]

Averages are good. You're correct, where will thse wells level out at? EUR? I've heard they are drilling now, new rig, new plan. News soon I hope. 

[clyfor13yrs]

Harpi, Here's is some other numbers for you: Petroleum and natural gas sales of $19.2 million in Q3 2022 (USD) Average realized natural gas and oil prices for Q3 2022 of $10.00/Mcf and $91.93/bbl, respectively, reflecting the benefit of strategic access to premium-priced US sales hubs in a geographic region with strong industrial and power generation natural gas demand

[DocPat]

"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.

[harpi489]

Due diligence for me invoves looking for info that management isn't spoon feeding me. Diligence.  pricing is nice, agree. i like to look under the sheets... 

[unclewally]

Harpi489, I appreciate the information, wish I looked before I leapt.  Can you advise where I (and others).  No worries if you don't wish to share, I will be asking the company.  If this is public info, I would like to know it. Regards, Uncle Wally

[swanvesta]

https://ws.ogb.state.ms.us/MSOGBOnline/DataMining.html?EntityType=Well&EntityKeyName=WellID&EntityKeyValue=2306521128&DETAILSONLY=True Head to the production tab. The decline seems to me to be in line with slied 16 in their November presentation. First couple of months have big drops, which level off after month 4 or so. Note the presentation seems ot have October production in it