Sound Energy Share News (SOU)

UK shareholder meetings calendar - next 7 days

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.

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.

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.

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:

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:

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).

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:

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:

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.

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.

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.

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.

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.

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.