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Pin to quick picksSound Energy Share News (SOU)

Share Price Information for Sound Energy (SOU)

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Share Price: 1.085
Bid: 1.005
Ask: 1.085
Change: 0.05 (4.83%)
Spread: 0.08 (7.96%)
Open: 1.085
High: 1.085
Low: 1.085
Prev. Close: 1.035
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Sound Energy prepares for 'potentially transformational' drilling works

Thu, 13th Sep 2018 08:10

(Sharecast News) - Sound Energy assured shareholders it was ready for a new and "potentially transformational" phase of drilling across its Moroccan assets.Losses widened 2.54% to £4.07m as the explorer recorded revenues of £35,000 up fourfold year-on-year.Sound said it remained in "a strong financial position" for the second half of 2018 with cash balances of $19.4m as of 30 June following its successful equity placing of $15m throughout the half.The AIM-listed group updated investors on its operational progress at its Tendrara, Anoual and Matarka assets on Thursday, noting that its two-pronged strategy to develop existing discoveries, while also undertaking high impact exploration in the surrounding areas had made progress in de-risking the exploration potential.James Parsons, Sound's chairman and chief executive, said: "Our priority so far this year has been the de-risking in Eastern Morocco of both our existing discovery and our significant exploration potential. The company is now ready for this next, potentially transformational, period of exploration drilling."As of 1000 BST on Thursday, Sound shares were roughly flat at 39.26p.
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16 Feb 2016 08:10

Sweet crude flows from Gatwick Airport oilfield

(ShareCast News) - First ever crude oil has flowed at encouraging levels from the Horse Hill discovery well being drilled in the Weald Basin near Gatwick Airport, as anti-fracking protests reconvened nearby. The AIM-listed companies with stakes in the PEDL137 onshore exploration licence, namely UK O

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15 Feb 2016 09:53

Sound Energy Begins Ground Work At Tendrara After Awarding Contracts

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15 Feb 2016 09:26

Sound Energy starts work on Tendrara licence

(ShareCast News) - AIM-listed upstream gas company Sound Energy has begun ground works at the Tendrara licence area in Morocco and all contracts have now been awarded for the first well. The works include the upgrading of local infrastructure, which will be followed by the preparation of the camp an

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9 Feb 2016 10:00

Sound Energy Clean-Up Operations Continue After First Gas At Nervesa

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8 Feb 2016 10:25

Sound Energy Granted Option Over Meridja Permit, Onshore Morocco

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8 Feb 2016 09:33

Sound Energy partners with OGIF, expands reach in Morocco

(ShareCast News) - Sound Energy was expanding its reach in Morocco on Monday, signing an agreement with Oil & Gas Investment Fund (OGIF) for an option to acquire a 55% interest on OGIF's onshore Meridja permit. The AIM-traded upstream gas company said Meridja was adjacent to its existing Tendrara li

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4 Feb 2016 16:12

First gas for Sound Energy's Nervesa project

(ShareCast News) - One of Sound Energy's projects hit a major milestone on Thursday, with the revelation that the company's onshore Nervesa gas discovery had reached first gas. The AIM-traded upstream gas company with a focus on the Mediterranean said the Nervesa discovery was drilled successfully b

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4 Feb 2016 10:23

Sound Energy Begins Commercial Production From Nervesa In Italy

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3 Feb 2016 15:12

Sound Energy Has Positive Meeting With Italian Authorities On Badile

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26 Jan 2016 09:55

Sound Energy Signs Agreement To Buy Further Sidi Moktar Interest (ALLISS)

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14 Jan 2016 08:16

Sound Energy Enters Binding Deal With Maghreb For Sidi Moktar Licences (ALLISS)

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6 Jan 2016 09:03

Sound Energy Reports Progress On Moroccan And Italian Licences

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29 Dec 2015 12:59

Sound Energy agrees field management deal with Schlumberger

(ShareCast News) - Mediterranean-focused oil and gas company Sound Energy has entered into a field management agreement with an affiliate of Schlumberger Oilfield Holdings in relation to the Tendrara licence onshore Morocco. Under the terms of the agreement, Schlumberger will provide integrated t

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29 Dec 2015 07:36

Sound Energy Signs Tendrara Field Management Deal With Schlumberger

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21 Dec 2015 13:15

Sound Energy Works To Connect Nervesa To Italian Gas Export Pipeline

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