(ShareCast News) - Gas firm Sound Energy is to buy Oil & Gas Investment Fund's (OGIF) hydrocarbon assets in eastern Morocco in exchange for 272m shares in the company, subject to shareholder approval. The acquisition will see the company buy a further 20% stake in the Tendrara site taking its total
Read more(ShareCast News) - Africa and Europe-focused upstream gas company Sound Energy updated the market on its Badile project on Thursday, confirming that ground works at the well site were now complete. The AIM-traded firm also said the conductor pipe was set last week, and the 3000 HP EMSCO C3 rig - own
Read more(ShareCast News) - Sound Energy's boss, James Parsons, added to his stake in the Africa and Europe-focused upstream gas outfit. Parsons made off with 44,522 shares in the company at an indiviual price of 67.37p on 16 December, the company said in a statement. The total value of the transaction was
Read more(ShareCast News) - Africa and Europe-focused upstream gas company Sound Energy updated the market on its Tendrara licence, onshore Morocco, on Thursday. The AIM-traded firm said that, further to its announcement on 24 November, it has retrieved the TE-7 bottom hole memory gauges following the open h
Read more(ShareCast News) - Europe and Africa-focused upstream gas company Sound Energy updated the market on Wednesday in relation to TE-7, its second well at the Tendrara licence area, onshore Eastern Morocco. The AIM-traded firm had announced on 7 October that the well had been drilled to a total measured
Read more(ShareCast News) - Europe and Africa-focused upstream gas company Sound Energy announced on Friday that TE-7, the second well at its Tendrara licence, onshore Morocco, has now been successfully drilled to total measured depth of 3,459 metres corresponding to a vertical depth of 2,611 metres. The AIM
Read more(ShareCast News) - Mediterranean and African-focused upstream company Sound Energy updated the market on Friday, on its March agreement with PetroMaroc Corporation for the acquisition of a 50% operated interest in three onshore gas permits located in Morocco - the Sidi Moktar Licences. The AIM-tr
Read more(ShareCast News) - Europe and Africa-focused upstream company Sound Energy confirmed the commencement of civil works at the Badile exploration well site, onshore Northern Italy, on Tuesday. The AIM-traded firm said the rig is expected to be mobilised during Q4 2016 with a view to drilling commencing
Read more(ShareCast News) - Europe and Africa-focused upstream oil and gas company Sound Energy announced its unaudited half year report for the six months to 30 June on Thursday - a period in which it made a significant onshore Morocco gas discovery with the potential for a multi Tcf connected gas field, at
Read more(ShareCast News) - Sound Energy has begun a three-phase drill programme of a second well at Tendrara, onshore Morocco. This followed the success of well TE-6. The latest well, TE-7, was spudded on 25 August. "The well objectives of TE-7 include proving sufficient gas volumes and well deliverability
Read more(ShareCast News) - Sound Energy has confirmed a significant gas discovery and a potential single gas column at its Tendrara licence, onshore Morocco. The company had already announced that the first Tendrara well, TE-6- was drilled to a measured vertical depth of 2,665 metres, and encountered the to
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