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Sound Energy Share Chat (SOU)



Share Price: 17.00Bid: 16.75Ask: 17.25Change: 0.00 (0.00%)No Movement on Sound Energy
Spread: 0.50Spread as %: 2.99%Open: 17.125High: 17.25Low: 16.875Yesterday’s Close: 17.00


Share Discussion for Sound Energy


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Ducati2
Posts: 1,631
Off Topic
Opinion:No Opinion
Price:17.00
View Thread (2)
Sidi
Today 17:15
Independent oil and gas company PetroMaroc is looking for strategic and financial alternatives with the objective of maximising shareholder value in the Kechoula structure on Sidi Moktar Exploration Licence in Morocco
To date, PetroMaroc has invested about US$50mn on exploration, composed of geological, geophysical, drilling and evaluation work in Morocco.
CEO of PetroMaroc Tom Feuchtwanger said, “Our recently updated independent evaluation of the undiscovered petroleum initially-in-place and the prospective resource has defined the strong prospectivity and a path towards the commercial development of Kechoula.”
The independent evaluation by GLJ Petroleum Consultants had earlier confirmed PetroMaroc’s geological and geophysical model for the Lower Liassic reservoir of the Kechoula structure. At 81 per cent probability, the Lower Liassic clastic reservoir is filled to spill point and reported to hold a prospective resource of gross lease unrisked undiscovered petroleum initially-in-place of 11.1bn cu/m (mean estimate).
 
Ducati2
Posts: 1,631
Off Topic
Opinion:No Opinion
Price:17.00
Kechoula
Today 17:00
Two wells have already been drilled at Kechoula and a near term extended well test is awaited prior to expected commercial production.

Kechoula has an estimated unrisked 293 Bscf of gas with an further 1 Trn cf potentially.

Additional details of the Proposed Transaction will be disclosed if and when a definitive agreement is executed by the parties. There can be no assurance that due diligence will be satisfactory, that a definitive agreement will be entered into, that the required third parties’ consents and applicable regulatory and shareholder approvals will be obtained and that the Proposed Transaction will be ultimately consummated.

"Sidi Moktar is the second material asset in our onshore Moroccan portfolio and secures a 25% interest in an already successfully drilled gas discovery with potential near term production, significant deeper exploration potential and in which we are carried to first gas.

Operator status at Sidi Moktar unlocks this asset whilst also granting Sound control over the pace and scale of operations.

Sound Energy can now proceed to dovetail operations at Sidi Moktar with those planned at Tendrara - with the potential for material production from Sidi Moktar during 2016."
crudehope
Posts: 5,038
Observation
Opinion:No Opinion
Price:17.00
RE: RE: Unlocking TE-5 with TE-6
Today 16:56
Ducati, I have been looking at that Fastnet link you posted. I don't think I have seen that one before. It will prove very interesting if SBK-1 is indeed down-dip from TE5 & interconnected. If TE6- & 7 & the TE-5 workover are successful it might be tempting to keep the drill & move it down south to the SBK-1 area, instead of relocating the action to Sidi Moktar - but then again the chance of early production at Sidi is probably the best economic sequence........the rest of Tendrara can wait once we have proved it up.

Thanks for posting Ducati.

Crude
crudehope
Posts: 5,038
Off Topic
Opinion:No Opinion
Price:17.00
RE: Petition Parliament Sells and B..
Today 16:41
Oleum, I signed it months ago. Anything to increase transparency on AIM has to be a good idea.
cconsult
Posts: 84
Off Topic
Opinion:No Opinion
Price:17.00
Petition Parliament Sells and Buys
Today 16:14
Sorry, missed an S, correction is below: -

https://petition.parliament.uk/petitions/112044

OLEUM
cconsult
Posts: 84
Off Topic
Opinion:No Opinion
Price:17.00
Petition Parliament Sells and Buys
Today 16:10
Spread the word to all pis. Sign the parliamentary petition to encourage correct reporting of buys and sells.
Please post on other BB as well as on other LSE boards.

https://petition.parliament.uk/petition/112044

Now 1636 signatories in two days at 16:00hrs on Sunday 14 February,
OLEUM
crudehope
Posts: 5,038
Observation
Opinion:No Opinion
Price:17.00
RE: Joee and NEWS
Today 13:34
ademcg, good post. Funny enough whenever I mention Sound Energy my wife says 'you talk about it as if it were yours': I reply it is by virtue of the shares we hold........we are part owners. We are all part owners & we all want Sound Energy to do well.

You mention RRL. What's happened to them? They have cash & good assets down Trinidad way but I guess the price of crude has knocked their projections for six. But even so are they still slightly undervalued? I sold mine years ago for about 9p, having doubled my money. But I could have sold for over 20p. That was the heyday or high-water mark of Range Resources share price. I wonder if they will ultimately survive & flourish in this depressed market.....

Crude
jacklevi
Posts: 46
Off Topic
Opinion:No Opinion
Price:17.00
gp68 petitions
Today 12:13
posted on WRES board sat. 10.38 everyone should read should be in all our interests to sign if agree could every one help to spread it on all boards
poolie
Posts: 33
Premium Chat Member
Observation
Opinion:No Opinion
Price:17.00
Tendrara
Today 11:54
Am I right in saying that we still need EIA approval before commencing ground work.every thing else on course. Why can't markets open 7 days a week.
AudibleEnergy
Posts: 181
Off Topic
Opinion:No Opinion
Price:17.00
RE: Tendrara
Today 11:51
That's the expectation although I suspect news to be short until Badile permit is out of way.

Far aware we Shareholders remain in waiting regards permits Tendrara? Or did I miss something while asleep?

We need Petromaroc creditors and shareholders to sign off Sidi Moktar to Sound. Least we Shareholders of Sound, await that RNS.




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