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MAXMF / Southern Energy Corp reports $3.6 million of adjusted funds flow from operations in Q2 2022, an increase of 490% from the same period in 2021

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has released its second quarter financial and operating results for the three and six months ended June 30, 2022, showing $3.6 million of adjusted funds flow from operations in Q2 2022, an increase of 490% from the same period in 2021. In the results statement, Ian Atkinson, president and CEO of Southern, commented: "We are pleased with the success of our recent equity financing, which allows us to accelerate the organic growth strategy portion of our goal to reach 25,000 boe/d. Read More

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Posted: Aug 23 2022, 05:46

Author Name: Proactive Investors

MAXMF News

By Proactive Investors
February 21, 2023

Southern Energy ranked as a top performing energy stock on the TSX Venture Exchange

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) is a top performing energy stock, according to the TSX Venture Exchange. The energy firm was ran

By Proactive Investors
November 22, 2022

Southern Energy's positive trajectory set to accelerate in 2023 according to Canaccord

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) third quarter results showed a marked step-up from its second quarter, reflecting a full quarte

By Proactive Investors
November 22, 2022

Southern Energy posts strong third quarter as it lifts production amid higher commodity prices

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD), the oil and gas producer, reported net earnings of $6.6 million in the third quarter to end-Sep

By Proactive Investors
August 23, 2022

Southern Energy Corp reports $3.6 million of adjusted funds flow from operations in Q2 2022, an increase of 490% from the same period in 2021

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has released its second quarter financial and operating results for the three and six months end

By Proactive Investors
July 7, 2022

Southern Energy closes US$31M financing; secures premium to NYMEX natural gas pricing contract

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) said it has completed its previously-announced US$31 million offering by issuing 46,371,927 new

By Proactive Investors
June 24, 2022

Southern Energy says, due to strong demand, the size of its recently announced placing in the UK was increased to US$13.5M

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has said that, due to strong demand, the size of its recently announced placing in the UK was in

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