ABOUT SOUTHERN ENERGY
Southern Energy is an established oil and gas producer headquartered and incorporated in Alberta, Canada, with oil and gas interests in properties located in the southeastern United States, primarily in Mississippi.
At Southern Energy, we are focused on building value through the consolidation and development of gas and oil assets in the southeastern United States, where there are a series of mature basins with proven low-cost producing assets. In addition, the southeastern United States is strategically located near Henry Hub, which commands premium natural gas pricing.
We have controlling operated interests in properties covering approximately 30,000 net acres in the Mississippi Interior Salt Basin (“MISB”), which include our three principal properties; Gwinville, Mechanicsburg and Mount Olive East. The majority of our leases (97 percent) contain producing wells and are ‘held by production’, requiring no additional drilling or operations for the Group to maintain its existing interest.
Our interests are focused on conventional, low-decline, long-life assets in fields with an abundance of infrastructure, low operating costs and premium commodity pricing. Find out more about our asset base here.
Southern Energy Group is listed on the TSX Venture Exchange (“TSXV”) under the trading symbol “SOU” and the AIM market of the London Stock Exchange plc under the trading symbol “SOUC” and is run by a specialist board, focused on delivery of its growth strategy. Find out more about our board here.