Games developer tinyBuild seeks to boost £500 million market cap by becoming a media company. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSound Energy Share News (SOU)

Share Price Information for Sound Energy (SOU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.675
Bid: 1.60
Ask: 1.75
Change: 0.00 (0.00%)
Spread: 0.15 (9.38%)
Open: 1.50
High: 1.675
Low: 1.50
Yest. Close: 1.50
SOU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Sound Energy says it hasn't signed Morocco contract, reversing rally

Fri, 26th Mar 2021 12:26

(Alliance News) - Sound Energy PLC on Friday said it hasn't signed an agreement on a Moroccan liquefied natural gas plant, responding to local media reports.

Shares in Sound, a Kent-based gas exploration and production company, were down 6.9% to 1.68 pence in London on Friday, after climbing 29% on Thursday.

Sound is in exclusive talks with Italfluid Geoenergy SRL to rent a micro liquefied natural gas plant in the Tendrara field in Morocco. The talks were first announced on December 23.

Negotiations "continue positively and are well advanced", but no agreement has yet been reached. Talks will continue after the exclusivity expires on March 31, Sound said.

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News

Sound Energy to acquire Schlumberger interests in Morocco

(Sharecast News) - Morocco-focussed upstream oil and gas company Sound Energy has entered into a sale and purchase agreement with Schlumberger to acquire the entire issued share capital of Schlumberger Silk Route Services (SSRS), it announced on Monday.

14 Jun 21 15:01

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

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

14 Jun 21 11:18

Sound Energy boosts Morocco interest with Schlumberger deal

Sound Energy boosts Morocco interest with Schlumberger deal

14 Jun 21 10:41

Sound Energy shares tumble on Moroccan tax reassessment

Sound Energy shares tumble on Moroccan tax reassessment

1 Jun 21 14:02

AIM WINNERS & LOSERS: Sound Energy falls on Morocco tax notification

AIM WINNERS & LOSERS: Sound Energy falls on Morocco tax notification

1 Jun 21 11:30

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

20 May 21 20:23

IN BRIEF: Sound Energy rises after bondholders approve restructuring

IN BRIEF: Sound Energy rises after bondholders approve restructuring

14 Apr 21 12:07

Sound Energy proposes restructure of EUR28 million 2021 notes

Sound Energy proposes restructure of EUR28 million 2021 notes

30 Mar 21 14:49

CORRECT: Sound Energy says hasn't signed Morocco deal, reversing rally

CORRECT: Sound Energy says hasn't signed Morocco deal, reversing rally

26 Mar 21 12:48

Sound Energy says it hasn't signed Morocco contract, reversing rally

Sound Energy says it hasn't signed Morocco contract, reversing rally

26 Mar 21 12:26

Sound Energy refutes reports on Morocco LNG deal

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy responded to media reports in the north African country on Friday, confirming that it had not signed an agreement on a proposed liquefied natural gas project.

26 Mar 21 11:10

Sound Energy nets EUR 0.18m from sale of first land stage at Badile

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy announced on Monday that it has received the first sale proceeds from the sale of the Badile land, totalling €0.18m (£0.15m) net of fees.

8 Mar 21 14:05

Sound Energy gets first payment from sale of Badile Land

Sound Energy gets first payment from sale of Badile Land

8 Mar 21 10:35

Sound Energy Moves Shares To New Trading Platform In London

Sound Energy Moves Shares To New Trading Platform In London

15 Feb 21 08:46

UK WINNERS & LOSERS SUMMARY: Cairn Jumps On USD1.2 Billion Dispute Win

UK WINNERS & LOSERS SUMMARY: Cairn Jumps On USD1.2 Billion Dispute Win

23 Dec 20 10:35

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.