Southern Energy Corp. is pleased to announce that, at its meeting of shareholders of the Company held yesterday, Shareholders approved the re-election of Bruce Beynon, Ian Atkinson, R. Steven Smith and John Joseph Nally to the Board of Directors of the Company. Former directors Tamara MacDonald and C. Neil Smith did not stand for re-election and have accordingly retired from the Board. The Company's Board and management [...]
Southern Energy Corp. announces that pursuant to the Company's Share Award Incentive Plan, an aggregate of 19,800,000 restricted share awards were granted as part of Southern's overall compensation and employee retention program. The RSAs vest as to one third on each of the first, second and third anniversaries of the grant date. On the vesting dates of such RSAs, the holder is entitled to receive a cash payment or its [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces its second quarter financial and operating results for the three and six months ended June 30, 2025. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and related management's discussion and analysis [...]
2018, Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, is pleased to announce the preliminary results from its recent Lower Selma Chalk horizontal well completion in the Gwinville Field. In late June 2025, Southern successfully completed the first of its three remaining drilled but uncompleted horizontal wells from the Q1 2023 drilling program, the GH LSC 13-13 #2 [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces its first quarter financial and operating results for the three months ended March 31, 2025. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and related management's discussion and analysis for the [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, continues to progress its plans to complete its first Gwinville drilled and uncompleted well and has finalized procuring key services. Field operations are scheduled to commence on the 13-13 #2 Lower Selma Chalk horizontal well in the next few weeks, and Southern expects first production from the well during June 2025 [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces its fourth quarter and year end December 31, 2024 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with the Company's audited consolidated financial statements and related management's discussion and analysis for the three and [...]
Southern Energy Corp. is pleased to announce that it has received the approval of the TSX Venture Exchange for the supplemental listing of 65,435,521 common share purchase warrants of the Company issuable pursuant to the Company's previously announced prospectus offering of units of Southern . The Warrants are expected to commence trading on the TSXV under the symbol "SOU.WT" as of market open on or about April 21, 2025 [...]
Southern Energy Corp. announces that the Company has agreed to issue, in aggregate, 2,143,000 new common shares in Southern to holders of its 10% convertible unsecured subordinated debentures issued on June 14, 2019 and January 15, 2021 as payment in kind of accrued interest on the Debentures due on December 31, 2024 in the aggregate amount of CAD$214,300 . The number of new Common Shares to be issued is equal to the [...]