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Southern Energy Corp. Announces Closing Of Equity Financing And Operational Update

Nov 24, 2021almost 4 years ago
Calgary

Description

("Southern" or the "Company") (SOU:TSXV) (AIM:SOUC), a U.S.-focused, growth-oriented natural gas producer, is pleased to announce the closing of its previously announced equity financing for aggregate gross proceeds of c. US$10.1 million through the offering of 254,304,014 Common Shares.

Company Information

Company

Southern Energy

Location

Calgary, Alberta, Canada

About

Southern Energy Corp. is a natural gas exploration and production company. Southern 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. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.