|By Marketwired .||
|June 5, 2014 06:00 PM EDT||
GALLATIN, TN--(Marketwired - June 05, 2014) - Southern Energy Group, Inc. (SEG) announced that re-completion efforts of the Sullivan I-32 Well in Pottawatomie County, OK have commenced. Various activities to be performed in the re-completion of the Simpson Dolomite formation should finalize within the month.
Southern Energy Group, Inc. is engaged in the oil and gas business, with operations located primarily in Texas and Oklahoma. The Company's ultimate strategic focus is the production of oil and natural gas, lease development, and enhanced reserve capabilities. The Company believes that its oil and natural gas development strategy will provide growth to the Company in the future. Mr. Anthony White, President, stated, "SEG is excited to have initiated efforts for the recompletion of the Sullivan I-32 well in Pottawatomie County, OK. We continue to add substantial value to our company, and for our partners, as we build a reputable company presence in this industry by growing our productive asset base."
Southern Energy Group is a Tennessee-based oil and natural gas exploration and development company with operations located primarily in Texas. SEG and its experienced management team are well situated to take advantage of the many opportunities that are present in today's energy markets. SEG feels that with the stabilization of higher than average oil prices, it is well positioned to profit in today's booming energy market.
This press release may contain "forward-looking statements" defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.