Southern Energy tests 2.3 MMcf/ d well as Southern Energy stock costs EUR 0.04

Published on 10/15/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southern Energy reports 50 barrels of condensate daily from testing. Southern Energy stock costs EUR 0.04 on October 15, 2026 at Lang & Schwarz.

Williamsburg well enters production planning

Southern Energy reported a 2.3 MMcf/d gas test and 50 barrels of condensate daily on October 15, 2026.
The company mapped more than 7,200 acres of interpreted closure at Williamsburg.
Southern Energy stock traded at EUR 0.04 at 1:34 p.m. CEST at Lang & Schwarz on October 15, 2026.

SOU, CA8428133059, Illustration mit AI erstellt.

Southern Energy Corp. (ISIN CA8428133059) reported a stabilized flow test of 2.3 MMcf/d of natural gas and 50 barrels of condensate per day from its Terrible Creek 21-2 #2 Cotton Valley well on October 15, 2026. The result gives the Canadian producer a concrete operating milestone as it prepares the Williamsburg asset for first production.

According to Yahoo Finance, Southern Energy conducted a 72-hour flow test without fracture stimulation. The company said it is building the required wellsite facilities and expects to bring the well online by mid-November 2026.

Williamsburg expands the drilling case

The operating result matters because the well sits within a wider Cotton Valley opportunity. Southern Energy has preliminarily mapped more than 7,200 acres of interpreted four-way closure at the interval, which could support more than 45 gross drilling locations at 160-acre spacing.

The company has no Cotton Valley reserves booked at Williamsburg, so the test is an early operating data point rather than a reserve addition. Southern Energy said fluid-phase testing will help determine whether the reservoir has the expected gas-condensate characteristics and guide future development.

What does the test mean for development?

The next milestones are operational. Southern Energy plans to monitor production after startup, pursue permits for two potential follow-up locations and, subject to approvals, capital allocation and final planning, spud the next well in early first quarter 2027. These steps give investors measurable dates for judging whether the initial flow rate can translate into repeatable production.

Southern Energy is primarily listed on the TSXV under ticker SOU in Canadian dollars, according to 6ix. The same listing page identifies the company as an oil and gas producer with assets in the United States.

Stock price and next milestones

For investors, the key counterweight is that the flow test is preliminary and the company cautioned that short-term rates do not establish long-term performance or ultimate recovery. Production startup and the next well will therefore provide the next operating checkpoints.

Southern Energy was trading at EUR 0.04 at Lang & Schwarz on October 15, 2026 at 1:34 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Southern Energy stock.