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Southern Energy ( (TSE:SOU) ) has shared an update.
Southern Energy Corp. announced successful results from its Lower Selma Chalk horizontal well completion in the Gwinville Field, Mississippi. The well, completed in June 2025, demonstrated a significant increase in natural gas production rates and reduced completion costs, enhancing the company’s operational efficiency and financial returns. The company plans to monitor regional natural gas pricing and well performance before proceeding with further completions, aiming to capitalize on improved natural gas prices and increased production volumes.
More about Southern Energy
Southern Energy Corp. is a natural gas exploration and production company with a stable, low-decline production base and a significant low-risk drilling inventory. The company focuses on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States, including Mississippi, Louisiana, and East Texas. Southern Energy is known for its strategic access to premium commodity pricing in North America and utilizes horizontal drilling and multi-staged fracture completion techniques.
For detailed information about SOU stock, go to TipRanks’ Stock Analysis page.