RCS - Southern Energy Corp - SOUC RECOGNIZED AS TOP 50 TSX VENTURE EXCHANGE CO.

Southern EnergyAnnouncement

21/02/2023 13:45

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RNS Number : 4973Q  Southern Energy Corp.  21 February 2023

 

SOUTHERN ENERGY CORP.

RECOGNIZED AS TOP 50 TSX VENTURE EXCHANGE COMPANY

 

Calgary, Alberta - February 21, 2023 - Southern Energy Corp. ("Southern" or
the "Company") (SOU: TSXV) (AIM:SOUC) (OTCQX:SOUTF) 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 50™ companies have seen tremendous growth over 2022,
offered excellent returns to their shareholders, and are actively traded in
the market.

 

"We are extremely proud to have earned a 2023 TSX Venture Top 50 ranking,
selected from 1,713 TSXV issuers. This privileged award validates the quality
of Gulf Coast U.S. oil and natural gas assets assembled by the Company and
recognizes the achievements of our team" stated Ian Atkinson, President &
Chief Executive Officer.

 

For further information, please contact:

 

 Southern Energy Corp.

 Ian Atkinson (President and CEO)                           +1 587 287 5401

 Calvin Yau (CFO)                                           +1 587 287 5402

 Strand Hanson Limited - Nominated & Financial Adviser      +44 (0) 20 7409 3494

 James Spinney / James Bellman

 Hannam & Partners - Joint Broker                           +44 (0) 20 7907 8500

 Samuel Merlin / Ernest Bell

 Canaccord Genuity - Joint Broker                           +44 (0) 20 7523 8000

 Henry Fitzgerald-O'Connor / James Asensio

 Camarco                                                    +44 (0) 20 3757 4980

 Owen Roberts / Billy Clegg / Hugo Liddy

 

About Southern Energy Corp.

 

Southern Energy Corp. is a natural gas exploration and production company.
Southern has a primary focus on acquiring and developing conventional natural
gas and light oil resources in the southeast Gulf States of Mississippi,
Louisiana, and East Texas. Our management team has a long and successful
history working together and have created significant shareholder value
through accretive acquisitions, optimization of existing oil and natural gas
fields and the utilization of re-development strategies utilizing horizontal
drilling and multi-staged fracture completion techniques.

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