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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: 0.98
Bid: 0.97
Ask: 0.98
Change: -0.005 (-0.51%)
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Open: 0.98
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Sound Energy receives ministerial approval for Morocco agreement

Tue, 16th Oct 2018 09:35

(Sharecast News) - AIM-listed upstream gas firm Sound Energy has received ministerial approval of its new eight-year Greater Tendrara Petroleum Agreement.The Moroccan focused outfit told investors that its petroleum agreement covering the Tendrara and Matarka areas had come into force on Tuesday after it was signed by L'Office National des Hydrocarbures et des Mines, the Moroccan State regulator for petroleum operations, and the Moroccan Energy and Finance Ministries.Sound Energy's new agreement covered an area of roughly 14,500 square kilometres across eastern Morocco and unites the areas covered by the Tendrara petroleum agreement granted in April 2013 and the Matarka reconnaissance licence granted in July 2017.Sound holds a 47.5% operated position in the Greater Tendrara petroleum agreement. The remaining 52.5% was split between Schlumberger and the Moroccan State regulator.Sound Energy chief executive James Parsons, said: "I am delighted to announce receipt of approval from the Moroccan Energy and Finance Ministries for the Greater Tendrara petroleum agreement and that, as a result, the Greater Tendrara petroleum agreement has now become effective - securing Sound Energy's rights to this potentially transformational acreage up to 2026."As of 0935 BST, Sound shares had picked up 1.85% to 37.38p.
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23 Sep 2016 11:07

Sound Energy revises acquisition agreement with PetroMaroc

(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

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20 Sep 2016 10:58

Sound Energy begins civil works in northern Italy

(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

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15 Sep 2016 10:35

Sound Energy shares slide despite positive progress

(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

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26 Aug 2016 12:21

Sound Energy starts second well at Tendrara

(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

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26 Aug 2016 06:41

Sound Energy Starts Drilling On Second Tendrara Well

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8 Aug 2016 08:10

Sound Energy confirms significant gas discovery at Tendrara

(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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18 Jul 2016 16:31

Developments at Tendrara lead to rise in Sound Energy shares

(ShareCast News) - Following its recent share price increase, Europe and Mediterranean focused upstream gas company Sound Energy was forced to update the market on developments at its Tendrara licence on Monday. The AIM-traded firm said it was continuing with rigless operations and, having now secur

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18 Jul 2016 11:21

Sound Energy Shares Up As It Makes Positive Progress At Tendrara

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11 Jul 2016 15:14

Sound Energy announces potentially very material success at Tendrara

(ShareCast News) - Sound Oil gave investors a reason to cheer at the start of the week as company boss James Parsons announced an "early and potentially very material success" at one of the oil and gas explorer´s three strategic plays. Parsons announced that rigless operations continued at the recen

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11 Jul 2016 09:48

WINNERS & LOSERS SUMMARY: CLS Holdings Up As It Buys In Germany

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11 Jul 2016 07:33

LONDON MARKET OPEN: RPC Profit Comes Ahead Of Its Expectations

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11 Jul 2016 07:03

Sound Energy Says Flow Rates From Tendrara Well Beating Expectations

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7 Jul 2016 08:42

Sound Energy's Tendrara Partner Interested In Pipeline Development

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5 Jul 2016 08:47

DIRECTOR DEALINGS: New Sound Energy Chairman Buys Shares

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5 Jul 2016 07:58

Sound Energy Makes Non-Executive Director Stephen Whyte As Chairman

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