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Pin to quick picksSound Energy Share News (SOU)

Share Price Information for Sound Energy (SOU)

London Stock Exchange
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Share Price: 0.86
Bid: 0.70
Ask: 0.90
Change: -0.05 (-5.88%)
Spread: 0.20 (28.571%)
Open: 0.86
High: 0.86
Low: 0.86
Prev. Close: 0.85
SOU Live PriceLast checked at -

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AIM WINNERS & LOSERS: Tavistock up on GBP40 million wealth unit sale

Mon, 14th Jun 2021 11:18

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

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AIM - WINNERS

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Tavistock Investments PLC, up 87% at 4.95 pence, 12-month range 1.22p-5.90p. The Berkshire-based investment manager with a market capitalisation of just GBP30 million agrees the sale of Tavistock Wealth for up to GBP40 million in cash. Tavistock said it has entered a 10-year strategic partnership with Titan Wealth Holdings. As part of the arrangements, Titan has agreed to buy Tavistock's multi-asset manager with over GBP1 billion of funds under management, Tavistock Wealth, for up to GBP40 million, together with a 10-year earn-out.

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Kromek Group PLC, up 7.4% at 16.11p, 12-month range 7.66p-25.20p. The Sedgefield, England-based detection technology supplier wins USD6 million contract from the Defense Advanced Research Projects Agency. Kromek will deliver the second phase of its bio-threat detection system for the US Department of Defense. New contract takes the overall programme value awarded to around USD13 million for first and second phases of Kromek's bio-threat system project.

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Sound Energy PLC, up 5.1% at 1.52p, 12-month range 1.02p-4.72p. The Moroccan-focused upstream gas company says it has agreed to buy Schlumberger Silk Route Services Ltd. The acquisition will boost its participating interests in the Anoual and Greater Tendrara exploration permits in eastern Morocco by 27.5% to 75%.

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AIM - LOSERS

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Oriole Resources PLC, down 13% at 0.65p, 12-month range 0.28p-1.95p. The exploration company says results for 8 holes drilled at Bakassi Zone 1 prospect at its 51%-owned Bibemi gold project deliver multiple multi-gram intersections from two fence lines in the southwest of the prospect and confirm more than 100 metres vertical continuity to the system from surface. Best intersections include 2.45 metres grading 2.96 grams per tonne gold and 3.60 metres grading 1.75 grams per tonne gold from BBDD007 and 12.40 metres grading 0.71 grams per tonne gold from BBDD009.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
29 Apr 2019 09:10

Sound Energy Ready To Start Next Phase Of TE-10 Well In Morocco

LONDON (Alliance News) - Gas company Sound Energy PLC on Monday said equipment for work at the Tendrara site in Morocco is now on-site.Earlier in April, Sound said it would carry out a test

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2 Apr 2019 16:40

Sound Energy Continues Testing Operations At Well TE-10 In Morroco

LONDON (Alliance News) - Sound Energy PLC said Tuesday its testing at TE-10 well in Greater Tendrara area, onshore Morocco, is continuing.Testing operations are underway at TE-10, which of

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25 Mar 2019 09:20

Sound Energy Sees Rise In Gas Volumes At Moroccan Well TE-7

LONDON (Alliance News) - Sound Energy PLC said Monday further pressure data from well TE-7 at Tendrara gives the company "additional confidence" for the development plan at TE-5, which a

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21 Mar 2019 08:22

Sound Energy Loss Marginally Narrows As Morocco Development Continues

LONDON (Alliance News) - Sound Energy PLC on Thursday said its loss narrowed slightly in its most recent year as it continued to develop its Moroccan assets.In 2018, the upstream oil and a

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7 Mar 2019 09:45

Sound Energy continues gas sales discussions with Morocco authorities

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy confirmed continued positive discussions with the country's Office National de l'Electricité et de l'Eau Potable (ONEE) and the Moroccan Minister of Energy on Thursday, in relation to a gas sales agreement.

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7 Mar 2019 09:26

Sound Energy In Positive Talks With Ministers For Gas Sale Agreement

LONDON (Alliance News) - Sound Energy PLC on Thursday said it has continued positive discussions with Moroccan authorities in relation to a gas sales agreement from the Tendrara production onshore

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18 Feb 2019 12:24

Sound Energy further updates findings at TE-10 discovery

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy updated the market on its operations in Eastern Morocco on Monday, having previously reported a discovery and a planned stimulated well test at TE-10 - the second well in its current three-well exploration programme in the onshore Greater Tendrara area.

Read more
18 Feb 2019 08:49

Sound Energy Raises Net Pay Estimates For Moroccan TW-10 Well By 47%

LONDON (Alliance News) - Sound Energy PLC on Monday said it has significantly raised its net pay estimates for its TW-10 well in onshore Morocco after analysis.Shares in Sound Energy were a

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28 Jan 2019 10:24

Sound Energy pleased with development progress at Tendrara

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy updated the market on its operations in Eastern Morocco on Monday, having previously announced a discovery and the initiation of planning for testing including possible stimulation at TE-10 - the second well in its current three-well exploration programme in the Tendrara area, onshore Morocco.

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7 Jan 2019 10:40

WINNERS & LOSERS SUMMARY: Dunelm Surges After Upbeat Christmas Trading

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 2.6%. The gold miner was tracking spot at

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7 Jan 2019 08:49

Sound Energy makes solid progress on TE-10 well

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy updated the market on its TE-10 exploration well on Monday, following the identification of gas bearing sands within and below the currently-mapped TAGI structural closure, which it said potentially de-risked the stratigraphic upside in North East Lakbir in its Greater Tendrara licence area.

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7 Jan 2019 08:11

Sound Energy Completes Exploration Drilling At TE-10 Well, Plans Tests

LONDON (Alliance News) - Sound Energy PLC on Monday said it completed the drilling programme at TE-10 well in North East Lakbir, Morocco, and intends to start test work in February.Sound up

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27 Dec 2018 08:14

Sound Energy encounters gas at TE-10 test site

(Sharecast News) - Preliminary results from Sound Energy's wireline logs at its TE-10 well on the Tendrara project in eastern Morocco indicated the presence of gas-bearing sands in the Triassic reservoir.

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12 Dec 2018 11:06

Cenkos Securities CFO To Step Down, Adds 12 Smith & Williamson Clients

LONDON (Alliance News) - Cenkos Securities PLC said Wednesday Chief Financial Officer Phillip Anderson is stepping down from the company as it completes the acquisition of Smith & Williamson a

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7 Dec 2018 12:31

Sound Energy drops after kick-starting Morocco well-drilling

(Sharecast News) - Sound Energy dropped on Friday after it expressed little optimism as it commenced the drilling of the TE-10 well at its Tendrara project in eastern Morocco.

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