May 26 (Reuters) - Southern (NYSE:SO) Energy Corp SOU.V :
* SOUTHERN ENERGY CORP. ANNOUNCES Q1 2020 FINANCIAL AND OPERATING RESULTS
* SOUTHERN ENERGY CORP - PRODUCTION AVERAGED 12,781 MCFE/D (92% NATURAL GAS) DURING Q1/20, A 36% INCREASE OVER Q1/19
* SOUTHERN ENERGY - HAS AMPLIFIED PER UNIT COST REDUCTION EFFORTS TO OFFSET IMPACT OF COVID-19 RELATED PRICING VOLATILITY
* SOUTHERN ENERGY CORP - CO'S NET EARNINGS FOR Q1/20 WERE AFFECTED WHICH RESULTED IN A NON-CASH IMPAIRMENT CHARGE OF $10.4 MILLION
* SOUTHERN ENERGY - CONTINUES TO EXPLORE FURTHER LIQUIDITY MANAGEMENT MEASURES SUCH AS UNWINDING IN-THE-MONEY DERIVATIVE CONTRACTS
* SOUTHERN ENERGY - ALSO CONTINUES TO EXPLORE POTENTIAL SALES OF NON-CORE OIL AND GAS ASSETS AND REVIEWING ALTERNATIVE SOURCES OF FINANCING