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Share Price: 0.846

Bid: 0.71

Ask: 0.85

Change: 0.005 (0.65%)

Spread: 0.14 (19.718%)

Open: 0.846

High: 0.846

Low: 0.846

Prev. Close: 0.775

Last checked at -

4 May 2023 14:40

IN BRIEF: Sound Energy shares up as annual profit jumps

Sound Energy PLC - Morocco-focused upstream gas company - Posts annual results for 2022. Records no revenue, like in 2021. Pretax profit grows to GBP6.6 million from GBP2.5 million in 2021. This is mostly due to a foreign exchange gain of GBP5.5 million. In 2021, foreign exchange gain was GBP2.2 million. "2022 was a year of real tangible progress for Sound Energy, with the micro-[liquefied natural gas] development at Tendrara contracted to deliver maiden revenue in early 2024," says Executive Chair Graham Lyon.

4 May 2023 11:34

AIM WINNERS & LOSERS: Sound Energy shares rise ahead of maiden revenue

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

15 Mar 2023 14:34

Sound Energy makes progress on Tendrara financing

(Sharecast News) - Sound Energy updated the market on project financing for its Tendrara Production Concession in Morocco on Wednesday.

23 Dec 2022 17:05

TRADING UPDATES: Logistics Development buys Alliance Pharma shares

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News:

2 Dec 2022 19:33

TRADING UPDATES: Time Out eyes Riyadh; MTI Wireless wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News:

29 Nov 2022 17:10

Sound Energy amends contract with Italfluid

(Sharecast News) - Sound Energy updated the market on progress on its phase one micro LNG development on Tuesday, including an amendment to the project contract between Italfluid Geoenergy and Sound's wholly-owned subsidiary Sound Energy Morocco East (SEMEL).

2 Nov 2022 19:17

TRADING UPDATES: Smithson assets grow; FireAngel delivers milestone

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

21 Oct 2022 21:58

TRADING UPDATES: IOG loses CEO; AEW UK REIT sees assets fall

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

14 Sep 2022 15:35

Sound Energy shares plummet on tax blow in Morocco

(Alliance News) - Sound Energy PLC on Wednesday reported that the local taxation committee has upheld the previous "assertions" of the Moroccan tax authority.

7 Sep 2022 08:53

Sound Energy swings to profit on reversal of impairment on assets

(Alliance News) - Sound Energy PLC on Wednesday said it swung a to a profit in the half-year to June 30.

9 Aug 2022 14:59

Sound Energy seeking farm-out partner for Greater Tendrara

(Sharecast News) - Sound Energy updated the market on financing for the phase two development of its Tendrara production doncession on Tuesday, having mandated Morocco's Attijariwafa Bank to arrange a long-term project senior debt facility of up to $250m in June.

9 Aug 2022 10:00

Sound Energy shares surge on start of Tendrara farm-out process

(Alliance News) - Sound Energy PLC on Tuesday said it has started the farm-out process for the Tendrara production concession in Morocco.

13 Jul 2022 11:02

AIM WINNERS & LOSERS: t42 contract win; Sound Energy Morocco tax blow

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

13 Jul 2022 09:57

Sound Energy shares fall on USD2.6 million Morocco tax charges

(Alliance News) - Sound Energy PLC on Wednesday said the Moroccan court has rejected its subsidiary's demand for a USD2.6 million annulment, in respect of the remaining charges against Sound Energy Morocco East Ltd from the Moroccan Tax Administration.

23 Jun 2022 08:50

Sound Energy progresses financing in Morocco for Tendrara concession

(Alliance News) - Sound Energy PLC on Thursday said it has made strides towards financing its production concession in eastern Morocco.

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