Southern Energy Corp. is pleased to announce its: 2022 Year End Reserves Upgrade: Highlights of the Company's year end independent oil and gas reserves evaluation as at December 31, 2022 include: an increase in proved developed producing reserves of 25% to 6.2 MMboe an increase in total proved reserves of 44% to 14.1 MMboe an increase in total proved plus probable reserves by 31% to 25.5 MMboe in 2022 before-tax net [...]
TSX Venture 50 highlights role that Canada's premier venture exchange plays in supporting access to capital amid economic challenges TSX Venture Exchange today released its 2023 Venture 50®, shining a light on the top-performing companies from Canada and around the world that are driving growth across their respective sectors. The Venture 50 showcases TSXV issuers across five sectors: energy, mining, clean technology and [...]
Southern Energy Corp. is pleased to report it has been ranked as the top performing energy stock in the 2023 TSX Venture 50™, which is comprised of the top 50 from over 1,700 companies on the TSX Venture Exchange. The ranking is an equal weighting of each firm's performance during 2022 across three key indicators: market capitalization growth, share price appreciation, and trading volume. The selected Venture [...]
Venture Equity Bulgaria EAD is pleased to announce that, between November 2, 2022 and December 16, 2022, it acquired an aggregate of 1,842,862 common shares in the capital of Southern Energy Corp. , an established natural gas exploration and production company with U.S.-based assets. Venture Equity has acquired ownership of 1,842,862 Shares, representing approximately 1.33% of the presently issued and outstanding Shares [...]
Southern Energy Corp. announces, further to its announcements on 6 May 2022 and 23 August 2022 regarding the application to AIM for a total block admission of 18,863,750 new common shares in the Company , a monthly update to the Company's total voting rights as a result of the exercise of instruments subject to the Block Admission during December 2022. As at 31 December 2022, Southern had 138,056,910 Common Shares in [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, today announces the release of its third quarter financial and operating results for the three and nine months ended September 30, 2022. 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 [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce that its common shares of no par value in the capital of the Company are now trading on the OTCQX® Best Market under the ticker symbol of SOUTF. Southern's Common Shares will continue to trade on the TSX Venture Exchange under the symbol SOU, and on the AIM market of the London Stock Exchange under the symbol SOUC. OTCQX [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, announces that pursuant to the Company's Stock Option Plan and Share Award Incentive Plan, an aggregate of 4,000,000 stock options to purchase common shares of the Company and 2,495,700 restricted share awards were granted as part of Southern's overall compensation and employee retention progra The Options expire in five years from the date of [...]
Southern Energy Corp. , the established producer with natural gas and light oil assets in Mississippi, today announces the release of its second quarter financial and operating results for the three and six months ended June 30, 2022. 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 [...]
Defined terms used in this announcement have the same meaning as given to them in the Company's announcement released on June 23, 2022, unless otherwise defined herein. Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce the closing of its previously announced Offering to raise, in aggregate, gross proceeds of US$31.0 million through the issue of 46,371,927 new Common [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce that Paul Baay has agreed to join the Company's board of directors as a Non-Executive Director, subject to the completion of customary due diligence required in accordance with the AIM Rules for Companies. Mr. Baay previously acted as a special advisor to Southern, and brings over 25 years of experience leading oil and gas [...]
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