VANCOUVER, BC, Nov. 1, 2023 /CNW/ - The following issues have been halted by CIRO Company: Southern Energy Corp. TSX-Venture Symbol: SOU All Issues: Yes Reason: Pending News Halt Time : 12:52 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, is pleased to provide an update on field operations and production, as well as recent financial hedging contracts that have been executed. Operations Update Production for the third quarter averaged 2,814 boe/d , representing a 6% increase over the prior quarter and largely reflecting the impact of the synergistic [...]
Southern Energy Corp. is pleased to announce the execution of the fifth amendment to the existing senior secured term loan . The Fifth Amendment includes the extension of the Tranche B availability to August 31, 2025, and a US$2.0 million increase to the Tranche B commitment for a total Tranche B commitment of US$31.5 million. Southern will have approximately US$11.5 million of capacity remaining on the Credit Facility [...]
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, 2023. 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 [...]
Southern Energy Corp. is pleased to announce that at the annual general and special meeting held on June 15, 2023, all of the nominees listed in the Company's management information circular dated May 1, 2023 , were elected as directors of the Company until the next Annual Meeting of shareholders or until their successors are elected or appointed. The Company also announces that Mr. Michael Kohut and Mr. Paul Baay, who [...]
Southern Energy Corp. announces the closing of its acquisition of the remaining producing acreage in the Gwinville Field in Jefferson Davis County, Mississippi from PetroTX Energy, LLC for a cash purchase price of $3.2 million that was previously announced May 23, 2023. Ian Atkinson, President and CEO of Southern, commented: "We are very pleased to close this highly accretive acquisition. Our team has already begun [...]
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, 2023. 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, announces its first quarter financial and operating results for the three months ended March 31, 2023. 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 [...]
2018, Southern Energy Corp. is pleased to announce that it has entered into a definitive agreement with PetroTX Energy, LLC to acquire the remaining producing acreage in the Gwinville Field not already owned by the Company , in Jefferson Davis County, Mississippi for a cash purchase price of $3.2 million . The Assets are currently producing approximately 400 boe/d of high working interest production at less than 8 [...]
Southern Energy Corp. has extended the expiration date of its common share purchase warrants issued under the non-brokered private placement of units of the Company, which closed on April 29, 2021, from April 29, 2023 to December 31, 2023. This amendment is being implemented by the Company to encourage the exercise of the Warrants and to aide in the liquidity and trading of the common shares of the Company. Each Unit [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces the release of its fourth quarter and year end December 31, 2022, 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 [...]
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