Southern Energy to acquire Sullivan Lease in Pottawatomie County, OK (Scandinavian Oil-Gas Magazine)

Southern Energy to acquire Sullivan Lease in Pottawatomie County, OK

Published Dec 11, 2013

Southern Energy Group, Inc. (SEG) announced its agreement to acquire a stake in the Sullivan Lease located in Pottawatomie County, OK. A Consulting Geologist has evaluated the lease's potential and concluded in his report, "…an estimated 51,000 barrels of recoverable oil reserves could be expected from the Simpson Dolomite formation of the Sullivan #1-32 well."

Southern Energy Group, Inc. is engaged in the oil and gas business, with operations located primarily in Texas. The Company's ultimate strategic focus is the production of oil and natural gas, lease development, maximizing recovery thereby enhancing reserves.

Tags: Inc. (SEG), Southern Energy Group

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