|Bid||0.0550 x 0|
|Ask||0.0600 x 0|
|Day's Range||0.0550 - 0.0550|
|52 Week Range||0.0400 - 0.2000|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 26, 2019 - Aug 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.26|
CALGARY, June 20, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Company") (SOU:TSXV), a U.S.-focused, growth-oriented oil and natural gas producer, announces that pursuant to the Company's Stock Option Plan (the "Plan"), an aggregate of 19,400,000 stock options to purchase common shares of the Company ("Options") were granted to directors, officers and employees of Southern as part of our overall compensation and employee retention program and represent the first grant of Options since Southern's recapitalization in December of 2018. Southern Energy Corp. is an oil and natural gas exploration and production company with a primary focus on developing conventional and unconventional light oil and natural gas resources in the Southeast Gulf States of Mississippi, Alabama, and Louisiana.
MONTREAL, June 17, 2019 -- Laurentian Bank Securities Inc. ("LBS") has acquired from treasury 8% convertible unsecured subordinated debentures (the "Debentures") of Southern.
CALGARY, June 14, 2019 /CNW Telbec/ - Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU.V - News) has completed its previously announced acquisition of high quality, low decline natural gas assets (the "Assets") in the State of Mississippi for cash consideration of US$16.5 million ($22.0 million), subject to customary adjustments (the "Acquisition"). Laurentian Bank Securities Inc. and Eight Capital acted as financial advisors to Southern on the Transaction.
CALGARY, June 10, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Company") (SOU:TSXV) is pleased to announce the completion of its previously announced Rights Offering to holders ("Shareholders") of common shares of the Company ("Common Shares"). Under the Rights Offering, Shareholders subscribed for and purchased an aggregate of 19,413,306 Common Shares at a price of $0.10 per Common Share, resulting in proceeds to the Company of approximately $1.94 million. Of such Common Shares, an aggregate of 5,712,500 Common Shares were purchased by Shareholders who are directors or officers of the Company or are identified by such persons.
CALGARY, May 29, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Company") (SOU:TSXV), a U.S.-focused, growth-oriented oil and natural gas producer, is pleased to release its financial and operating results for the three months ended March 31, 2019. Southern's unaudited condensed consolidated financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2019 are available on the Company's website at www.southernenergy.ca and filed on SEDAR. All figures referred to in this news release are denominated in Canadian dollars, unless otherwise noted. Q1 2019 represents Southern's first full quarter of operations focused on consolidating high-quality, robust-netback and low-decline oil and gas assets in underexploited basins in Mississippi, Alabama and Louisiana (the "Southeast Gulf States"), which attract some of the best commodity pricing in the U.S.
"Southern is focused on consolidating assets in the southeastern United States where commodity prices are more favourable than what we currently see in Canada", said Ian Atkinson, President & CEO of Southern. "Our natural gas assets attract NYMEX gas prices and our oil assets attract a price that is premium to West Texas Intermediate".
VANCOUVER , May 15, 2019 /CNW/ - Trading resumes in: Company: Southern Energy Corp. TSX-Venture Symbol: SOU Resumption (ET): 9:30 AM IIROC can make a decision to impose a temporary suspension (halt) of ...
/NOT FOR DISTRIBUTION IN THE UNITED STATES . ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./ CALGARY , May 15, 2019 /CNW/ - Southern Energy Corp. (" ...
VANCOUVER , May 14, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Southern Energy Corp. TSX-Venture Symbol: SOU Reason: At the Request of the Company Pending News Halt Time (ET): ...
The Assets include high-quality, low-decline, operated production of approximately 1,000 boe/d (97% gas) with control of strategic facilities and infrastructure that are highly complementary to Southern's existing Mississippi operations. The Acquisition represents a continuation of Southern's strategy to develop conventional and unconventional light oil and natural gas resources in the SE Gulf States of Mississippi, Alabama and Louisiana. "We are very pleased with this Acquisition as it is a significant step toward our goal of reaching 10,000 boe/d of production in the next 18 – 24 months", said Ian Atkinson, President & CEO of Southern. "The Assets immediately increase our production by over 65% and fit seamlessly with our current operations while contributing to an enhanced platform in the region for continued growth", continued Mr. Atkinson.
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CALGARY, April 3, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Corporation") (TSX-V:SOU.V - News) is pleased to release its financial results for the year ended December 31, 2018. Southern has filed its audited financial statements for the year ended December 31, 2018, and related Management Discussion & Analysis with the applicable Canadian securities regulatory authorities. Southern's annual financial materials may be viewed in their entirety on SEDAR at www.sedar.com and on the Corporation's website at www.southernenergy.ca.
CALGARY , March 19, 2019 /CNW/ - Southern Energy Corp. (" Southern " or the " Corporation ") (SOU: TSXV) is pleased to provide a summary of our 2018 year-end reserves. Reserve numbers ...
The members of the Board have a strong track record and distinguished careers in both the oil and gas industry and capital markets and have held prominent lead positions with a range of successful companies. In addition to the Corporation's President and Chief Executive Officer, Ian Atkinson, the Board is comprised of Bruce Beynon, Michael G. Kohut, Tamara MacDonald, Andrew McCreath, C. Neil Smith and R. Steven Smith. With the exception of Mr. Atkinson, all members of the Board are independent.