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They intend to build a high-margin asset base of sufficient scale with a significant low-risk drilling inventory that continues to generate free cash flow.
Southern Energy’s primary assets are located in Southern Mississippi, in the Mississippi Interior Salt Basin (“MISB”) in addition to minor properties in North Eastern Mississippi, in the Black Warrior Basin; as well as in Alabama, where the Company hold a 0.6% interest in a NW Brooklyn oil production unit.
Their strategy is focused on building shareholder value through the disciplined deployment of capital and utilizing our unique expertise in the southeastern Gulf Coast area of the USA.
For more information on Southern Energy Corp. (TSX.V: SOU) please click the request investor info button.
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