Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) announced that Paul Baay has agreed to join the company's board of directors as a non-executive director, subject to the completion of customary due diligence required in accordance with the AIM Rules for Companies.
The natural gas exploration and production company said Baay, who previously acted as a special advisor to Southern and is currently CEO of Touchstone Exploration, brings more than 25 years of experience leading oil and gas exploration and production companies to his new role.
“Paul's experience across the oil and gas industry and capital markets has been of significant value in his role as an advisor to the company and we look forward to working even closer with him in the near future,” Southern Energy non-executive chairman Bruce Beynon said in a statement.
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“This is an important period for our company, and we are pleased to be adding further expertise to our already strong board,” Beynon added.
Southern Energy also reported that all of the nominees listed in the company's management information circular dated May 2, 2022 were elected as directors of the company until the next annual meeting of shareholders or until their successors are elected or appointed.
It added that all other items of business put forward to shareholders at yesterday's annual general and special meeting of shareholders were approved.
Southern Energy is a natural gas exploration and production company whose primary focus is on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf states of Mississippi, Louisiana and east Texas.
Contact Sean at sean@proactiveinvestors.com