Southern Energy Company Inc. (Trading Symbol: SOCI) is engaged in the exploration of coal properties and other minerals. From 2007 to present date the company has been active in finding and developing coal properties in North and South America. The Company earns working interests in early and/or advanced stage of coal and other mineral properties.

The company has entered into an agreement to acquire a Coal Concession located in Lota Bay, Chile about 300 miles South of the Capital Santiago. A large portion of the area of the coal concession is located on the Lota Bay seabed in 10 to 11 meters of water. In March 2006 a drilling program was carried out on 30% of the coal concession.

The results of this program showed proven reserves of 275,000 tonnes and 90,000 tonnes probable of recoverable bituminous thermal coal. All environmental studies have been completed on the concession, and all government and regulatory approvals are in place to proceed with production..

This acquisition agreement is scheduled to close on or before March 31, 2009 for a total value of $8,000,000 comprised of cash and shares.

The Company acquired the Catalina Silver and Gold Property northwest of Santiago, Chile, on March 20, 2009. The Catalina property is comprised of 14 claims blocks totaling 1100 hectares. The claims are located 200 km northwest of Santiago, the capital of Chile, and 31 km from the mining town of Petorca. The area is a well known district of copper, gold and silver mining, and the area is currently being staked and explored by several of Chile's larger mining producers with many small scale mining operation around the claims now acquired by Southern Energy. Initial sampling and mapping of the claims has discovered a well mineralized area of 3 kilometers by 1 kilometer. The Company plans an extensive geological program to delineate the mineralized area and increase indicated reserves.

The Catalina project is in close proximity to several mining communities featuring an excellent work force and access to mining equipment with infrastructure comprised of nearby mills, concentrators and smelters for processing. Ore trucks are able to access the property and delivery ore directly to the mill. Production can be quickly upgraded to provide both positive cash flow and exploration development for future benefit.