UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

[X] Quarterly Report under Section 13 or 15(d) of the Securities Exchange
    Act of 1934

                  For the quarterly period ended March 31, 2009

[ ] Transition report under Section 13 or 15(d) of the Exchange Act

    For the transition period from __________ to __________

                        Commission File Number: 000-20462


                          SOUTHERN ENERGY COMPANY, INC
             (Exact name of Registrant as specified in its charter)

             Nevada                                               95-3746596
  (State or other jurisdiction                                (I.R.S. Employer
of incorporation or organization)                            Identification No.)

    100 W. Liberty St. 10th Floor
            Reno, NV, 89505                           Telephone: 800-628-5764
(Address of principal executive offices)         (Registrant's telephone number,
                                                       including area code)

       Former Name, Address and Fiscal Year, If Changed Since Last Report

Check whether the issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days. Yes [X] No [ ]

We had a total of 70,376,485  shares of common stock issued and  outstanding  at
May 19, 2009.

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

Transitional Small Business Disclosure Format: Yes [ ] No [X]
<PAGE>
                         PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

The interim financial  statements  included herein are unaudited but reflect, in
management's  opinion,  all  adjustments,  consisting  only of normal  recurring
adjustments,  that  are  necessary  for a fair  presentation  of  our  financial
position and the results of our  operations for the interim  periods  presented.
Because  of the  nature of our  business,  the  results  of  operations  for the
quarterly  period  ended March 31, 2009 are not  necessarily  indicative  of the
results that may be expected for the full fiscal year.


                                       2
<PAGE>
                          SOUTHERN ENERGY COMPANY INC.
                         (An Exploration Stage Company)
                                  Balance Sheet
                             (Stated in US Dollars)

<TABLE>
<CAPTION>
                                                                   As of
                                                        March 31,          December 31,
                                                          2009                2008
                                                        ---------           ---------
                                                                            (Audited)
<S>                                                     <C>                 <C>
Assets

Current assets
  Cash                                                  $       7           $      13
                                                        ---------           ---------
Total current assets                                            7                  13
                                                        ---------           ---------

Total Assets                                            $       7           $      13
                                                        ---------           ---------

Liabilities

Current liabilities
  Accounts payable                                         92,477              85,867
  Shareholder Loan                                      $  53,264           $  49,644
                                                        ---------           ---------
Total current liabilities                                 145,741             135,511

Long term liabilities                                          --             397,800
                                                        ---------           ---------

Total Liabilities                                         145,741             533,311
                                                        =========           =========

Equity
  75,000,000 Shares Common Authorized,
   70,376,485 Shares Issued @ $0.001 Per Share             70,323              50,400
  Additional paid-in capital                              529,678             151,800
  Deficit accumulated during exploration stage           (745,734)           (735,498)
                                                        ---------           ---------
Total stockholders equity                                (145,734)           (533,298)

                                                        ---------           ---------

Total liabilites and stockholders equity                $       7           $      13
                                                        =========           =========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       3
<PAGE>
                          SOUTHERN ENERGY COMPANY INC.
                         (An Exploration Stage Company)
                                Income Statement
                             (Stated in US Dollars)

<TABLE>
<CAPTION>
                                                    For the               For the             From date of
                                                  three month           three month           reinstatement
                                                  period ended          period ended      (October 1, 1999) to
                                                    March 31,             March 31,             March 31,
                                                      2009                  2008                  2009
                                                  -----------           -----------           -----------
<S>                                               <C>                   <C>                   <C>
Revenue                                           $        --           $        --           $        --
                                                  -----------           -----------           -----------

Expenses
  Accounting & Professional Fees                       10,237                78,269               730,313
  Corporate State Filing Fees                              --                    --                15,421
                                                  -----------           -----------           -----------
Total Expenses                                         10,237                78,269               745,734
                                                  -----------           -----------           -----------

Provision for Income Tax                                   --                    --                    --
                                                  -----------           -----------           -----------

Net Income (Loss)                                 $   (10,237)          $   (78,269)          $  (745,734)
                                                  ===========           ===========           ===========

Basic & Diluted (Loss) per Common Share                (0.000)               (0.000)
                                                  -----------           -----------

Weighted Average Number of Common Shares           62,851,041            50,253,985
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       4
<PAGE>
                          SOUTHERN ENERGY COMPANY INC.
                         (An Exploration Stage Company)
                            Statements of Cash Flows
                             (Stated in US Dollars)

<TABLE>
<CAPTION>
                                                            For the             For the           From date of
                                                          three month         three month         reinstatement
                                                          period ended        period ended    (October 1, 1999) to
                                                            March 31,           March 31,           March 31,
                                                              2009                2008                2009
                                                           ----------          ----------          ----------
<S>                                                        <C>                 <C>                 <C>
OPERATING ACTIVITIES
  Net income (loss)                                        $  (10,237)         $  (78,269)         $ (745,734)
  Accounts payable                                                760              77,396              92,477
                                                           ----------          ----------          ----------
NET CASH USED IN OPERATING ACTIVITIES                          (9,477)               (873)           (653,257)

INVESTING ACTIVITIES
  Purchase of mineral claim                                        --                  --                  --
                                                           ----------          ----------          ----------
NET CASH USED IN INVESTING ACTIVITIES                              --                  --                  --

FINANCING ACTIVITIES
  Common shares issued at founders @ $0.001 per share          19,923                  --              70,323
  Additional paid-in capital                                  377,878                  --             529,678
  Longterm Loan                                            (  397,800)                 --                  --
  Shareholders Loan                                             3,347               1,257              53,264
                                                           ----------          ----------          ----------
NET CASH PROVIDED BY FINANCING ACTIVITIES                       3,347               1,257             653,264

Cash at beginning of period                                        13                  --                  --
                                                           ----------          ----------          ----------
CASH AT END OF PERIOD                                      $   (6,117)         $      384          $        7
                                                           ==========          ==========          ==========
Cash Paid For:
  Interest                                                 $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Income Tax                                               $       --          $       --          $       --
                                                           ==========          ==========          ==========
Non-Cash Activities
  Shares issued in Lieu of Payment for Service             $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Stock issued for accounts payable                        $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Stock issued for notes payable and interest              $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Stock issued for convertible debentures and interest     $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Convertible debentures issued for services               $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Warrants issued                                          $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Stock issued for penalty on default of convertible
   debentures                                              $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Note payable issued for finance charges                  $       --          $       --          $       --
                                                           ==========          ==========          ==========
  Forgiveness of note payable and accrued interest         $       --          $       --          $       --
                                                           ==========          ==========          ==========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       5
<PAGE>
                          SOUTHERN ENERGY COMPANY INC.
                         (An Exploration Stage Company)
                       STATEMENTS OF STOCKHOLDER'S EQUITY
         From date of reinstatement (October 1, 1999) to March 31, 2009
                             (Stated in US Dollars)

<TABLE>
<CAPTION>
                                                                                   Deficit
                                                                                 Accumulated
                                                                                   During
                                             Common Stock           Paid in      Exploration       Total
                                         Shares        Amount       Capital         Stage          Equity
                                         ------        ------       -------         -----          ------
<S>                                        <C>        <C>          <C>           <C>             <C>
Shares issued to founders
 at no par value                           53,985     $    --      $     --      $      --       $      --

Net (Loss) for period                                                             (600,000)       (600,000)
                                      -----------     -------      --------      ---------       ---------
Balance, December 31, 2006                 53,985          --            --       (600,000)       (600,000)

Stock issued for debt -
 December 19, 2007 at $0.01
 per share                             20,200,000      20,200       181,800                        202,000

Stock issued for services -
 December 19, 2007                     30,000,000      30,000       (30,000)                            --

Net (Loss) for period                                                              (22,530)        (22,530)
                                      -----------     -------      --------      ---------       ---------
Balance, December 31, 2007             50,253,985      50,200       151,800       (622,530)       (420,530)

Stock issued for debt -
 August 1, 2008 at $0.01
 per share                                200,000         200             0                            200

Net (Loss) for period                                                             (112,967)       (112,967)
                                      -----------     -------      --------      ---------       ---------
Balance, December 31, 2008             50,453,985      50,400       151,800       (735,497)       (533,297)

Stock issued for debt -
 February 2, 2009 at $0.0113
 per share                                 75,000          75           775                            850

Stock issued for debt -
 February 3, 2009 at $0.02
 per share                             19,847,500      19,848       377,103                        396,950

Net (Loss) for period                                                              (10,237)        (10,237)
                                      -----------     -------      --------      ---------       ---------

Balance, March 31, 2009                70,376,485     $70,323      $529,678      $(745,734)      $(145,734)
                                      ===========     =======      ========      =========       =========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       6
<PAGE>
                          Southern Energy Company Inc.
                         (An Exploration Stage Company)
                      Footnotes to the Financial Statements
                        From Inception to March 31, 2009
                             (Stated in US Dollars)


NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

     Southern Energy Company Inc. was incorporated in the state of California as
     Astro Systems and Engineering,  Inc. on March 22, 1982. On May 28 1985, the
     company changed its name to Astro Sciences Corporation. On February 8 1996,
     the company changed its name to Chatcom, Inc. In September 1999 the company
     filed petition under Chapter XI of the Federal  Bankruptcy  Code. On August
     15, 2007 the company  changed its name to Southern  Energy  Company Inc. On
     December 13, 2007 the company re-domiciled to the state of Nevada.

     The company is in the  business of finding  and  developing  coal and other
     mineral properties in North and South America.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     a. Accounting Method

     The Company's financial statements are prepared using the accrual method of
     accounting. The Company has elected a December 31 year-end.

     b. Revenue Recognition

     The Company recognizes  revenue when persuasive  evidence of an arrangement
     exists, goods delivered,  the contract price is fixed or determinable,  and
     collectability is reasonably assured.

     c. Income Taxes

     The Company  prepares  its tax returns on the  accrual  basis.  The Company
     accounts  for income  taxes under the  Statement  of  Financial  Accounting
     Standards No. 109,  "Accounting for Income Taxes"  ("Statement 109"). Under
     Statement 109,  deferred tax assets and  liabilities are recognized for the
     future tax consequences  attributable to differences  between the financial
     statement  carrying  amounts of existing  assets and  liabilities and their
     respective  tax bases.  Deferred  tax assets and  liabilities  are measured
     using enacted tax rates expected to apply to taxable income in the years in
     which those temporary  differences are expected to be recovered or settled.
     Under Statement 109, the effect on deferred tax assets and liabilities of a
     change in tax rates is recognized in income in the period that includes the
     enactment date.

     d. Use of Estimates

     The  preparation of the financial  statements in conformity  with generally
     accepted  accounting  principles  requires management to make estimates and
     assumptions  that affect the reported amounts of assets and liabilities and
     disclosure  of  contingent  assets  and  liabilities  at  the  date  of the

                                       7
<PAGE>
     financial  statements  and the  reported  amounts of revenues  and expenses
     during  the  reporting  period.  Actual  results  could  differ  from those
     estimates.

     e. Assets

     The company had cash of $7 as of March 31, 2009.

     f. Income

     Income represents all of the company's revenue less all its expenses in the
     period  incurred.  The Company has no revenues as of March 31, 2009 and has
     paid  expenses of $745,734  since  inception.  For the  three-month  period
     ending March 31, 2009 it has incurred expenses of $10,237.

     g. Recent Account Pronouncements

     In accordance with FASB/ FAS 142 option 12, paragraph 11 "Intangible Assets
     Subject to Amortization",  a recognized intangible asset shall be amortized
     over its useful life to the reporting entity unless that life is determined
     to be indefinite. If an intangible asset has been has a finite useful life,
     but the precise  length of that life is not known,  that  intangible  asset
     shall be amortized over the best estimate of its useful life. The method of
     amortization  shall  reflect the pattern in which the economic  benefits of
     the  intangible  asset are consumed or  otherwise  used up. If that pattern
     cannot be reliable determined, a straight-line amortization method shall be
     used. An intangible asset shall not be written down or off in the period of
     acquisition unless it becomes impaired during that period.

     In  accordance  with FASB 144, 25, "An  impairment  loss  recognized  for a
     long-lived  asset  (asset  group) to be held and used shall be  included in
     income  from  continuing  operations  before  income  taxes  in the  income
     statement of a business enterprise and in income from continuing operations
     in the  statement of  activities  of a  not-for-profit  organization.  If a
     subtotal such as "income from  operations"  is presented,  it shall include
     the amount of that loss." The Company has  recognized  the  impairment of a
     long-lived  asset  by  declaring  that  amount  as a loss  in  income  from
     operations in accordance with an interpretation of FASB 144.

     In June 2008, the FASB issued FASB Staff Position EITF 03-6-1,  DETERMINING
     WHETHER  INSTRUMENTS  GRANTED  IN  SHARE-BASED  PAYMENT   TRANSACTIONS  ARE
     PARTICIPATING  SECURITIES,  ("FSP EITF 03-6-1").  FSP EITF 03-6-1 addresses
     whether  instruments  granted  in  share-based  payment   transactions  are
     participating  securities  prior  to  vesting,  and  therefore  need  to be
     included  in the  computation  of earnings  per share  under the  two-class
     method as described in FASB Statement of Financial Accounting Standards No.
     128,  "Earnings  per  Share." FSP EITF 03-6-1 is  effective  for  financial
     statements  issued for fiscal years beginning on or after December 15, 2008
     and earlier  adoption is prohibited.  We are not required to adopt FSP EITF
     03-6-1;  neither do we believe  that FSP EITF  03-6-1  would have  material
     effect on our consolidated  financial position and results of operations if
     adopted.

     In May 2008, the Financial  Accounting Standards Board ("FASB") issued SFAS
     No.  163,  "Accounting  for  Financial  Guarantee  Insurance  Contracts-and
     interpretation  of FASB  Statement  No.  60".  SFAS No. 163  clarifies  how

                                       8
<PAGE>
     Statement 60 applies to financial guarantee insurance contracts,  including
     the recognition and measurement of premium revenue and claims  liabilities.
     This statement also requires expanded disclosures about financial guarantee
     insurance  contracts.  SFAS No. 163 is effective for fiscal years beginning
     on or after December 15, 2008, and interim periods within those years. SFAS
     No. 163 has no effect on the Company's  financial  position,  statements of
     operations, or cash flows at this time.

     In May 2008, the Financial  Accounting Standards Board ("FASB") issued SFAS
     No. 162, "The Hierarchy of Generally Accepted Accounting Principles".  SFAS
     No.  162  sets  forth  the  level  of  authority  to  a  given   accounting
     pronouncement  or document by  category.  Where there might be  conflicting
     guidance  between two  categories,  the more  authoritative  category  will
     prevail.  SFAS No. 162 will become effective 60 days after the SEC approves
     the  PCAOB's  amendments  to AU  Section  411  of  the  AICPA  Professional
     Standards.  SFAS No. 162 has no effect on the Company's financial position,
     statements of operations, or cash flows at this time.

     In March 2008, the Financial  Accounting  Standards Board, or FASB,  issued
     SFAS  No.  161,  Disclosures  about  Derivative   Instruments  and  Hedging
     Activities--an  amendment of FASB Statement No. 133. This standard requires
     companies to provide enhanced  disclosures  about (a) how and why an entity
     uses  derivative  instruments,  (b) how derivative  instruments and related
     hedged  items  are  accounted  for  under  Statement  133 and  its  related
     interpretations,  and (c) how  derivative  instruments  and related  hedged
     items affect an entity's financial  position,  financial  performance,  and
     cash flows. This Statement is effective for financial statements issued for
     fiscal years and interim  periods  beginning  after November 15, 2008, with
     early  application  encouraged.   The  Company  has  not  yet  adopted  the
     provisions  of SFAS No.  161,  but does not  expect  it to have a  material
     impact on its  consolidated  financial  position,  results of operations or
     cash flows.

     In December  2007, the SEC issued Staff  Accounting  Bulletin (SAB) No. 110
     regarding  the use of a  "simplified"  method,  as discussed in SAB No. 107
     (SAB 107), in  developing  an estimate of expected term of "plain  vanilla"
     share options in accordance with SFAS No. 123 (R),  Share-Based Payment. In
     particular,  the staff indicated in SAB 107 that it will accept a company's
     election to use the  simplified  method,  regardless of whether the company
     has sufficient information to make more refined estimates of expected term.
     At the time SAB 107 was  issued,  the staff  believed  that  more  detailed
     external  information  about employee  exercise  behavior  (e.g.,  employee
     exercise  patterns by industry and/or other categories of companies) would,
     over time,  become  readily  available to companies.  Therefore,  the staff
     stated in SAB 107 that it would not expect a company to use the  simplified
     method  for  share  option  grants  after  December  31,  2007.  The  staff
     understands that such detailed information about employee exercise behavior
     may not be widely  available by December 31, 2007.  Accordingly,  the staff
     will  continue  to  accept,  under  certain  circumstances,  the use of the
     simplified  method beyond December 31, 2007. The Company currently uses the
     simplified method for "plain vanilla" share options and warrants,  and will
     assess the impact of SAB 110 for fiscal year 2009.  It is not believed that
     this will have an impact on the Company's  consolidated financial position,
     results of operations or cash flows.

     In December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in
     Consolidated  Financial  Statements--an  amendment  of  ARB  No.  51.  This
     statement amends ARB 51 to establish accounting and reporting standards for
     the noncontrolling  interest in a subsidiary and for the deconsolidation of

                                       9
<PAGE>
     a subsidiary.  It clarifies that a noncontrolling  interest in a subsidiary
     is an ownership interest in the consolidated entity that should be reported
     as equity in the consolidated  financial statements.  Before this statement
     was  issued,   limited  guidance   existed  for  reporting   noncontrolling
     interests.  As  a  result,  considerable  diversity  in  practice  existed.
     So-called minority interests were reported in the consolidated statement of
     financial  position as  liabilities  or in the  mezzanine  section  between
     liabilities  and  equity.   This  statement   improves   comparability   by
     eliminating  that diversity.  This statement is effective for fiscal years,
     and interim  periods  within  those  fiscal  years,  beginning  on or after
     December 15, 2008 (that is,  January 1, 2009,  for entities  with  calendar
     year-ends).  Earlier  adoption is  prohibited.  The effective  date of this
     statement is the same as that of the related  Statement 141 (revised 2007).
     The Company will adopt this  Statement  beginning  March 1, 2009. It is not
     believed  that  this will  have an  impact  on the  Company's  consolidated
     financial position, results of operations or cash flows.

     In December 2007,  the FASB,  issued FAS No. 141 (revised  2007),  Business
     Combinations'.  This Statement  replaces FASB  Statement No. 141,  Business
     Combinations,  but retains the  fundamental  requirements in Statement 141.
     This  Statement  establishes   principles  and  requirements  for  how  the
     acquirer:  (a)  recognizes  and measures in its  financial  statements  the
     identifiable   assets   acquired,   the   liabilities   assumed,   and  any
     noncontrolling  interest in the acquiree;  (b)  recognizes and measures the
     goodwill  acquired  in the  business  combination  or a gain from a bargain
     purchase;  and (c) determines what  information to disclose to enable users
     of the financial statements to evaluate the nature and financial effects of
     the business combination.  This statement applies prospectively to business
     combinations for which the acquisition date is on or after the beginning of
     the first annual  reporting period beginning on or after December 15, 2008.
     An entity may not apply it before  that date.  The  effective  date of this
     statement  is the  same as that of the  related  FASB  Statement  No.  160,
     Noncontrolling Interests in Consolidated Financial Statements.  The Company
     will adopt this statement  beginning March 1, 2009. It is not believed that
     this will have an impact on the Company's  consolidated financial position,
     results of operations or cash flows.

     In February 2007, the FASB,  issued SFAS No. 159, The Fair Value Option for
     Financial Assets and  Liabilities--Including an Amendment of FASB Statement
     No.  115.  This  standard  permits  an entity to  choose  to  measure  many
     financial instruments and certain other items at fair value. This option is
     available to all entities.  Most of the provisions in FAS 159 are elective;
     however, an amendment to FAS 115 Accounting for Certain Investments in Debt
     and Equity  Securities  applies to all entities with  available for sale or
     trading securities. Some requirements apply differently to entities that do
     not report net income.  SFAS No. 159 is effective as of the beginning of an
     entity's  first  fiscal year that begins after  November  15,  2007.  Early
     adoption is  permitted  as of the  beginning  of the  previous  fiscal year
     provided  that the entity  makes that  choice in the first 120 days of that
     fiscal  year and also elects to apply the  provisions  of SFAS No. 157 Fair
     Value Measurements.  The Company will adopt SFAS No. 159 beginning March 1,
     2008 and is currently  evaluating the potential impact the adoption of this
     pronouncement will have on its consolidated financial statements.

     In September  2006,  the FASB issued SFAS No. 157, Fair Value  Measurements
     This  statement  defines fair value,  establishes a framework for measuring
     fair value in generally accepted accounting  principles (GAAP), and expands
     disclosures  about fair value  measurements.  This statement  applies under
     other  accounting   pronouncements   that  require  or  permit  fair  value
     measurements,  the Board having  previously  concluded in those  accounting
     pronouncements  that  fair  value is the  relevant  measurement  attribute.
     Accordingly,   this   statement   does  not  require  any  new  fair  value

                                      10
<PAGE>
     measurements. However, for some entities, the application of this statement
     will change  current  practice.  This  statement is effective for financial
     statements  issued for fiscal years  beginning after November 15, 2007, and
     interim  periods  within  those  fiscal  years.   Earlier   application  is
     encouraged, provided that the reporting entity has not yet issued financial
     statements  for that fiscal year,  including  financial  statements  for an
     interim  period  within  that  fiscal  year.  The  Company  will adopt this
     statement  March 1,  2008,  and it is not  believed  that this will have an
     impact  on  the  Company's  consolidated  financial  position,  results  of
     operations or cash flows.

     h. Basic Income (Loss) Per Share

     In accordance with SFAS No.  128-"Earnings  Per Share",  the basic loss per
     common  share  is  computed  by  dividing  net  loss  available  to  common
     stockholders by the weighted  average number of common shares  outstanding.
     Diluted loss per common share is computed  similar to basic loss per common
     share  except that the  denominator  is  increased to include the number of
     additional  common shares that would have been outstanding if the potential
     common  shares had been  issued and if the  additional  common  shares were
     dilutive. At March 31, 2009, the Company has no stock equivalents that were
     anti-dilutive and excluded in the earnings per share computation.

     i. Cash and Cash Equivalents

     For purposes of the  statement  of cash flows,  the company  considers  all
     highly liquid  investments  purchased with maturity of three months or less
     to be cash equivalents. As of March 31, 2009 the company had cash of $7.

     j. Liabilities

     Liabilities are made up of current  liabilities and long-term  liabilities.
     Current  liabilities  include  accounts  payable of  $92,477.  There are no
     long-term liabilities outstanding for the company.

     Share Capital

     a) Authorized:

     100,000,000 common shares with a par value of $0.001

     b) Issued:

     As of March 31, 2009,  there are seventy  million three hundred seventy six
     thousand  four  hundred  eighty  five.   (70,376,485)   shares  issued  and
     outstanding at a value of $0.001 per share

     There  are no  preferred  shares  authorized.  The  Company  has  issued no
     preferred shares.

     The  Company  has  no  stock  option  plan,   warrants  or  other  dilutive
     securities.

                                       11
<PAGE>
     k. Advertising

     The company has not paid any advertising expenses to date.

NOTE 3 - GOING CONCERN

     The accompanying  financial statements have been prepared assuming that the
     Company  will  continue  as  a  going  concern,   which   contemplates  the
     realization  of assets and the  liquidation  of  liabilities  in the normal
     course of business. However, the Company has accumulated a loss and is new.
     This raises  substantial doubt about the Company's ability to continue as a
     going concern. The financial statements do not include any adjustments that
     might result from this uncertainty.

     As shown in the accompanying financial statements, the Company has incurred
     a net loss of $745,734 for the period from  inception to March 31, 2009 and
     has not generated any revenues. The future of the Company is dependent upon
     its ability to obtain financing and upon future profitable  operations from
     the  development of  acquisitions.  Management has plans to seek additional
     capital  through a private  placement  and  public  offering  of its common
     stock. The financial  statements do not include any adjustments relating to
     the recoverability and classification of recorded assets, or the amounts of
     and  classification of liabilities that might be necessary in the event the
     Company cannot continue in existence.

                                       12
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

FORWARD LOOKING STATEMENTS.

The information in this discussion  contains  forward-looking  statements within
the  meaning of Section  27A of the  Securities  Act of 1933,  as  amended,  and
Section 21E of the  Securities  Exchange Act of 1934, as amended (the  "Exchange
Act").  These  forward-looking   statements  involve  risks  and  uncertainties,
including  statements  regarding  Southern Energy Company Inc.'s (the "Company")
capital needs,  business  strategy and  expectations.  Any statements  contained
herein  that  are  not  statements  of  historical  facts  may be  deemed  to be
forward-looking  statements.  In some cases,  you can  identify  forward-looking
statements by terminology such as "may",  "will",  "should",  "expect",  "plan",
"intend",  "anticipate",   "believe",  "estimate",   "predict",  "potential"  or
"continue",  the negative of such terms or other comparable terminology.  Actual
events or results may differ  materially.  In evaluating these  statements,  you
should consider various factors,  including the risks outlined below,  and, from
time to time, in other reports the Company files with the SEC. These factors may
cause the Company's actual results to differ materially from any forward-looking
statement.  The  Company  disclaims  any  obligation  to publicly  update  these
statements,  or disclose  any  difference  between its actual  results and those
reflected  in these  statements.  The  information  constitutes  forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995.

As used in this quarterly report, the terms "we," "us," "our," and "our company"
mean Southern Energy Company Inc. unless otherwise indicated. All dollar amounts
in this quarterly report are in U.S. dollars unless otherwise stated.

OVERVIEW.

Southern  Energy  Company Inc. was  incorporated  in the state of  California as
Astro  Systems and  Engineering,  Inc. on March 22,  1982.  On May 28 1985,  the
company changed its name to Astro Sciences Corporation.  On February 8 1996, the
company  changed its name to Chatcom,  Inc. In September  1999 the company filed
petition under Chapter XI of the Federal Bankruptcy Code. On August 15, 2007 the
company  changed its name to Southern  Energy  Company Inc. On December 13, 2007
the company re-domiciled to the state of Nevada.

The company is in the business of finding and developing  coal and other mineral
properties in North and South America.

We are an  exploration  stage  company and we have not  realized any revenues to
date.  We do not have  sufficient  capital to enable us to commence and complete
our  exploration  program.  We will  require  financing  in order to conduct the
exploration program described in the section entitled, "Business of the Issuer."

We are not a "blank  check  company,"  as we do not intend to  participate  in a
reverse acquisition or merger transaction. A "blank check company" is defined by
securities  laws as a development  stage  company that has no specific  business
plan or purpose or has indicated that its business plan is to engage in a merger
or acquisition  with an  unidentified  company or companies,  or other entity or
person.

                                       13
<PAGE>
RESULTS OF OPERATIONS FOR THE PERIOD ENDED MARCH 31, 2009.

The accompanying  financial  statements show that the Company has incurred a net
loss of $10,237 for the three month  period ended March 31, 2009 and has not yet
generated any revenues that can offset operating expenses. We anticipate that we
will not earn  revenues  until  such  time as we have  entered  into  commercial
production,  if  any,  of  our  mineral  properties.  We  are  presently  in the
exploration  stage of our business and we can provide no assurance  that we will
discover commercially exploitable levels of mineral resources on our properties,
or if  such  resources  are  discovered,  that  we will  enter  into  commercial
production of our mineral properties.

LIQUIDITY AND FINANCIAL CONDITION.

Based on our current  operating plan, we do not expect to generate  revenue that
is sufficient to cover our expenses for at least the next year. In addition,  we
do not have sufficient  cash and cash  equivalents to execute our operations for
the next  year.  We will need to obtain  additional  financing  to  operate  our
business for the next twelve months. We will raise the capital necessary to fund
our  business  through a private  placement  and public  offering  of our common
stock.  Additional  financing,  whether through public or private equity or debt
financing,  arrangements  with shareholders or other sources to fund operations,
may not be available,  or if available,  may be on terms unacceptable to us. Our
ability to maintain  sufficient  liquidity  is dependent on our ability to raise
additional capital. If we issue additional equity securities to raise funds, the
ownership  percentage  of  our  existing  shareholders  would  be  reduced.  New
investors  may  demand  rights,  preferences  or  privileges  senior to those of
existing  holders of our common  stock.  Debt  incurred by us would be senior to
equity in the ability of debt holders to make claims on our assets. The terms of
any debt issued could impose  restrictions on our operations.  If adequate funds
are not available to satisfy either short or long-term capital requirements, our
operations and liquidity could be materially  adversely affected and we could be
forced to cease operations.

OFF-BALANCE SHEET ARRANGEMENTS.

We  have  no  significant  off-balance  sheet  arrangements  that  have  or  are
reasonably likely to have a current or future effect on our financial condition,
changes in financial  condition,  revenues or expenses,  results of  operations,
liquidity,  capital  expenditures  or  capital  resources  that is  material  to
stockholders.

INFLATION.

In the opinion of  management,  inflation  has not had a material  effect on our
operations.

CONSULTANTS.

The Company currently has no stock option plan.

RESEARCH AND DEVELOPMENT EXPENDITURES.

We have  not  incurred  any  research  or  development  expenditures  since  our
incorporation.

PATENTS AND TRADEMARKS.

We do not own, either legally or beneficially, any patent or trademark.

                                       14
<PAGE>
REGISTRATION STATEMENT.

On June 27, 2006,  we filed a SB-1 with the Security and Exchange  Commission as
defined in Rule 12b-2 (ss.  240.12b-2)  of the  Securities  Exchange Act of 1934
(the "Exchange Act").  The purpose of this  registration was to register a class
of securities  under  Section 12 (g) of the Exchange  Act. In July of 2006,  The
Company filed an amendment to the registration statement on the form SB-1.

HOLDERS OF OUR COMMON STOCK.

As of March 31, 2009, we had approximately 270 stockholder(s) holding 70,376,485
shares of our common stock.

DIVIDENDS.

There are no  restrictions  in our  articles  of  incorporation  or bylaws  that
prevent us from declaring  dividends.  The Nevada Revised Statutes,  however, do
prohibit  us  from  declaring  dividends  where,  after  giving  effect  to  the
distribution of the dividend:

     1.   We would not be able to pay our debts as they  become due in the usual
          course of business; or

     2.   Our total assets  would be less than the sum of our total  liabilities
          plus the  amount  that  would be  needed  to  satisfy  the  rights  of
          shareholders who have preferential  rights superior to those receiving
          the distribution.

We have not declared any  dividends  and we do not plan to declare any dividends
in the foreseeable future.

ITEM 3. CONTROLS AND PROCEDURES.

Our management is responsible for establishing and maintaining adequate internal
control over financial  reporting.  Internal control over financial reporting is
defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange
Act of 1934 as a process designed by, or under the supervision of, the company's
principal  executive  and  principal  financial  officers  and  effected  by the
company's  board of  directors,  management  and  other  personnel,  to  provide
reasonable  assurance  regarding the reliability of financial  reporting and the
preparation  of financial  statements for external  purposes in accordance  with
accounting  principles  generally  accepted in the United  States of America and
includes those policies and procedures that:

     -    Pertain  to the  maintenance  of  records  that in  reasonable  detail
          accurately and fairly reflect the transactions and dispositions of the
          assets of the company;

     -    Provide  reasonable   assurance  that  transactions  are  recorded  as
          necessary to permit preparation of financial  statements in accordance
          with accounting  principles generally accepted in the United States of
          America and that  receipts and  expenditures  of the company are being
          made  only  in  accordance  with   authorizations  of  management  and
          directors of the company; and

     -    Provide reasonable  assurance regarding prevention or timely detection
          of  unauthorized  acquisition,  use or  disposition  of the  company's
          assets that could have a material effect on the financial statements.

                                       15
<PAGE>
Because of its inherent  limitations,  internal control over financial reporting
may not  prevent  or detect  misstatements.  Projections  of any  evaluation  of
effectiveness to future periods are subject to the risk that controls may become
inadequate  because of changes in  conditions,  or that the degree of compliance
with the policies or procedures may  deteriorate.  All internal control systems,
no matter how well designed,  have inherent limitations.  Therefore,  even those
systems  determined to be effective can provide only  reasonable  assurance with
respect to financial  statement  preparation  and  presentation.  Because of the
inherent  limitations  of  internal  control,  there  is a  risk  that  material
misstatements  may not be  prevented  or detected on a timely  basis by internal
control over financial reporting.  However, these inherent limitations are known
features of the financial reporting process. Therefore, it is possible to design
into the process safeguards to reduce, though not eliminate, this risk.

As of March 31, 2009  management  assessed  the  effectiveness  of our  internal
control over financial  reporting  based on the criteria for effective  internal
control over financial  reporting  established  in Internal  Control--Integrated
Framework  issued by the Committee of Sponsoring  Organizations  of the Treadway
Commission  ("COSO") and SEC guidance on conducting such  assessments.  Based on
that evaluation,  they concluded that, during the period covered by this report,
such  internal  controls  and  procedures  were  not  effective  to  detect  the
inappropriate  application of US GAAP rules as more fully described below.  This
was due to deficiencies  that existed in the design or operation of our internal
controls over financial  reporting that adversely affected our internal controls
and that may be considered to be material weaknesses.

The matters  involving  internal  controls and  procedures  that our  management
considered to be material  weaknesses  under the standards of the Public Company
Accounting  Oversight Board were: (1) lack of a functioning  audit committee due
to a lack of a majority  of  independent  members  and a lack of a  majority  of
outside directors on our board of directors,  resulting in ineffective oversight
in  the   establishment   and  monitoring  of  required  internal  controls  and
procedures;  (2)  inadequate  segregation  of  duties  consistent  with  control
objectives;  and (3) ineffective  controls over period end financial  disclosure
and reporting processes.  The aforementioned material weaknesses were identified
by our Chief  Executive  Officer in connection  with the review of our financial
statements as of March 31, 2009

Management  believes that the material weaknesses set forth in items (2) and (3)
above did not have an  effect  on our  financial  results.  However,  management
believes  that  the  lack of a  functioning  audit  committee  and the lack of a
majority of outside  directors on our board of directors  results in ineffective
oversight in the  establishment and monitoring of required internal controls and
procedures,  which  could  result in a material  misstatement  in our  financial
statements in future periods.

MANAGEMENT'S REMEDIATION INITIATIVES.

In  an  effort  to  remediate  the  identified  material  weaknesses  and  other
deficiencies and enhance our internal  controls,  we have initiated,  or plan to
initiate, the following series of measures:

We will create a position to segregate duties consistent with control objectives
and will increase our personnel  resources  and technical  accounting  expertise
within the  accounting  function when funds are available to us. And, we plan to
appoint one or more outside  directors  to our board of  directors  who shall be
appointed to an audit committee resulting in a fully functioning audit committee
who will undertake the oversight in the establishment and monitoring of required
internal  controls and procedures such as reviewing and approving  estimates and
assumptions made by management when funds are available to us.

                                       16
<PAGE>
Management  believes that the appointment of one or more outside directors,  who
shall be appointed to a fully functioning audit committee,  will remedy the lack
of a functioning  audit committee and a lack of a majority of outside  directors
on our Board.

We anticipate that these  initiatives will be at least partially,  if not fully,
implemented  by December  31,  2009.  Additionally,  we plan to test our updated
controls and remediate our deficiencies by December 31, 2009.

CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING.

There was no change in our  internal  controls  over  financial  reporting  that
occurred  during  the  period  covered  by this  report,  which  has  materially
affected,  or is reasonably likely to materially  affect,  our internal controls
over financial reporting.

                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

We are not a party to any material legal  proceedings  and to our knowledge,  no
such proceedings are threatened or contemplated.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS.

Not applicable.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No matters were  submitted to our security  holders for a vote during the period
ending March 31, 2009.

ITEM 5. OTHER INFORMATION.

None.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.

Exhibit Number                          Description of Exhibit
--------------                          ----------------------
     3.1            Articles of Incorporation(1)

     3.2            Bylaws(1)

     31.1           Certification by Chief Executive Officer and Chief Financial
                    Officer  required by Rule 13a-14(a) or Rule 15d-14(a) of the
                    Exchange  Act,  promulgated  pursuant  to Section 302 of the
                    Sarbanes-Oxley Act of 2002, filed herewith

     32.1           Certification by Chief Executive Officer and Chief Financial
                    Officer, required by Rule 13a-14(b) or Rule 15d-14(b) of the
                    Exchange  Act and Section  1350 of Chapter 63 of Title 18 of
                    the United States Code,  promulgated pursuant to Section 906
                    of the Sarbanes-Oxley Act of 2002 filed herewith

----------
(1)  Filed with the SEC as an exhibit to our Company's Registration Statement on
     Form S-3, filed with the Commission on November 21, 1995.

                                       17
<PAGE>
                                   SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Date: May 19, 2009

Southern Energy Company Inc.

     Signature                           Title                          Date
     ---------                           -----                          ----


By: /s/ Ricardo Munoz            Chief Executive Officer,           May 19, 2009
-----------------------------    Chief Financial Officer,
Ricardo Munoz                    President, Secretary, Treasurer
                                 and Director (Principal
                                 Executive Officer and Principal
                                 Accounting Officer)

                                       18