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SOUTF / Southern Energy strikes production-lifting acquisition deal in Mississippi

Southern Energy strikes production-lifting acquisition deal in Mississippi
Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has agreed a deal to acquire the remaining producing acreage in the Gwinville field, in Mississippi, that it does not already own. The acquisition assets presently produce around 400 barrels of oil equivalent per day (comprising 99% natural gas) and it is paying US$3.2 million to buy the wells. Read More
Posted: May 23 2023, 04:00
Author Name: Proactive Investors
Views: 110316

SOUTF News  

Southern Energy to raise US$5M in proposed equity financing

By Proactive Investors
November 1, 2023

Southern Energy to raise US$5M in proposed equity financing

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has announced its intention to raise gross proceeds of at least US$5 million, or about C$6.9 mi more_horizontal

Southern Energy production boosted by Gwinville integration

By Proactive Investors
October 17, 2023

Southern Energy production boosted by Gwinville integration

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) told investors that third-quarter production in Mississippi averaged 2,814 barrels oil equivalen more_horizontal

Southern Energy announces successful amendment to credit facility

By Proactive Investors
October 2, 2023

Southern Energy announces successful amendment to credit facility

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has announced the fifth amendment to its existing senior secured term loan.  The company said more_horizontal

Southern Energy says already benefitting from synergies from Gwinville acquisition as it reports 2Q results

By Proactive Investors
August 18, 2023

Southern Energy says already benefitting from synergies from Gwinville acquisition as it reports 2Q results

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) told investors its focus has been mainly on completing and integrating its acquisition of the G more_horizontal

Southern Energy completes acquisition of remaining producing acreage in the Gwinville Field

By Proactive Investors
June 6, 2023

Southern Energy completes acquisition of remaining producing acreage in the Gwinville Field

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has announced the successful completion of its acquisition of the remaining producing acreage i more_horizontal

Southern Energy strikes production-lifting acquisition deal in Mississippi

By Proactive Investors
May 23, 2023

Southern Energy strikes production-lifting acquisition deal in Mississippi

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has agreed a deal to acquire the remaining producing acreage in the Gwinville field, in Mississi more_horizontal

Southern Energy says it is ready to ‘re-ignite' organic growth after record 2022

By Proactive Investors
April 18, 2023

Southern Energy says it is ready to ‘re-ignite' organic growth after record 2022

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) told investors that 2022 was a record year for the company due to strong output from its produc more_horizontal

Southern Energy showcases promising oil and gas reserves despite natural gas price weakness

By Proactive Investors
March 29, 2023

Southern Energy showcases promising oil and gas reserves despite natural gas price weakness

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has issued a year-end corporate update highlighting its improving oil and gas reserves.  The c more_horizontal


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