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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: 0.966
Bid: 0.904
Ask: 0.966
Change: 0.031 (3.32%)
Spread: 0.062 (6.858%)
Open: 0.92
High: 0.966
Low: 0.92
Prev. Close: 0.935
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Sound Energy starts work on Tendrara licence

Mon, 15th Feb 2016 09:26

(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 and the two well pad areas.Sound Energy also confirmed that, further to the field management agreement it entered into with Schlumberger, all contracts associated with the drilling of the first appraisal well at Tendrara have now been awarded.Under the FMA, Schlumberger has agreed to fund 80% of the capital expenditure of the first Tendrara appraisal well, which is located around 2.4km North East of the previously successfully drilled TE5 well, and is expected to cost approximately £9.2m.Chief executive officer James Parsons said: "We expect our first Moroccan well to demonstrate that we can secure commercial flow rates at Tendrara whilst also proving up further significant volumes."This will be a critical well for both Sound Energy and the whole of Eastern Morocco, which is rapidly attracting interest from across the sector."At 0956 GMT, Sound Energy shares were up 2.9% to 17.49p.
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4 Dec 2023 15:36

Sound Energy noteholders vote in favour of bond restructuring

(Alliance News) - Sound Energy PLC noteholders on Monday voted in favour of restructuring the company's bonds.

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25 Oct 2023 17:28

TRADING UPDATES: Franchise Brands trading in line; Tribe secures loan

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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21 Sep 2023 15:47

EARNINGS: Aurora Investment recovers; Chesnara swings to profit

(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Thursday and not separately reported by Alliance News:

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13 Sep 2023 13:32

IN BRIEF: Sound Energy says Morocco assets unaffected by earthquake

Sound Energy PLC - London-based, Morocco-focused upstream gas company - Says its Morocco assets are unaffected by the recent earthquake on Friday last week. This is after completing a survey of its assets located in its Sidi Moktar onshore exploration permits, located around 100 kilometres to the northwest of the earthquake epicentre, in which it found none were affected by the earthquake and all personnel were accounted for. Notes its other assets are located a significant distance from affected areas and so are also therefore unaffected.

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1 Sep 2023 21:29

IN BRIEF: Sound Energy in partial conversion of convertible loan note

Sound Energy PLC - London-based, Morocco-focused upstream gas company - Receives conversion notices to issue 22.2 million shares at a conversion price of 2.25 pence each under an existing GBP2.5 million convertible loan note agreement, the terms of which were announced on June 13. The partial conversion reduces the amount owing on the convertible notes by GBP500,000, with GBP1.5 million remaining.

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28 Jun 2023 10:46

AIM WINNERS & LOSERS: Aferian expects reduced interim revenue

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

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28 Jun 2023 10:31

Sound Energy receives financing offer for gas field project in Morocco

(Alliance News) - Sound Energy PLC on Wednesday said that Casablanca-based Attijariwafa offered to finance the second phase of its development of the Tendrara production concession in Morocco.

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22 Jun 2023 15:07

Sound Energy resolves tax disputes with Moroccan authorities

(Sharecast News) - Sound Energy has successfully resolved its tax disputes with the Moroccan Tax Authority, it announced on Thursday.

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22 Jun 2023 10:58

IN BRIEF: Sound Energy says Moroccan tax court case formally closed

Sound Energy PLC - London-based, Morocco-focused upstream gas company - Receives court papers confirming withdrawal of Moroccan tax cases. Says court cases between the company and Moroccan tax authorities now formally closed. Back in November, Sound Energy's subsidiary Sound Energy Morocco SARL AU challenged the Moroccan Court about the tax assessments levied against SEMS.

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22 Jun 2023 10:17

AIM WINNERS & LOSERS: Biome wins contract; Oracle raises GBP363,000

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

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22 Jun 2023 08:57

LONDON MARKET OPEN: FTSE 100 struggles ahead of anticipated BoE hike

(Alliance News) - Stock prices in London opened lower on Thursday, ahead of the Bank of England's interest rate decision at midday, which is expected to result in the central bank's 13th consecutive hike.

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13 Jun 2023 11:14

Sound Energy shares jump amid Tendrara deal with Calvalley Petroleum

(Alliance News) - Sound Energy PLC said on Tuesday that it had secured a 45 day binding period and a non-binding term sheet with Calvalley Petroleum Ltd in the Tendrara exploitation concession and the Grand Tendrara exploration permit in Morroco.

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6 Jun 2023 15:47

UK shareholder meetings calendar - next 7 days

Wednesday 7 June 
City Pub Group PLCAGM
Gem Diamonds LtdAGM
Gulf Marine Services PLCAGM
Hostmore PLCAGM
LXi REIT PLCAGM
Pennant International Group PLCAGM
Third Point Investors LtdAGM
United Oil & Gas PLCAGM
Xpediator PLCGM re takeover by DLM Bidco
Thursday 8 June 
Ashtead Technology Holdings PLCAGM
Camellia PLCAGM
Checkit PLCAGM
Churchill China PLCAGM
CRH PLCCourt Meeting and EGM re proposal to transfer the company's primary listing to NYSE
Downing Renewables & Infrastructure Trust PLCAGM
Fair Oaks Income LtdAGM
Fusion Antibodies PLCGM re result of retail offer
Genflow Biosciences PLCAGM
Glenveagh Properties PLCAGM
Kavango Resources PLCAGM
Kosmos Energy LtdAGM
Melrose Industries PLCAGM
North American Income Trust PLCAGM
Oriole Resources PLCAGM
Panther Metals PLCAGM
REA Holdings PLCAGM
Renalytix PLCGM re director's authorization to allot new shares and equity securities for cash
Vaalco Energy IncAGM
Friday 9 June 
Arecor Therapeutics PLCAGM
Devolver Digital IncAGM
Fulham Shore PLCGM and court meeting re takeover by Torridoll Holdings Corp
Hochschild Mining PLCAGM
Mirada PLCGM re cancellation and re-registration as PLC
MP Evans Group PLCAGM
S4 Capital PLCAGM
Sureserve Group PLCCourt Meeting and GM re acquisition by CAP10 
Monday 12 June 
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Learning Technologies Group PLCAGM
Oxford Nanopore Technologies PLCAGM
Pembridge Resources PLCGM and Creditors' Meeting re future plans and objectives
Round Hill Music Royalty Fund LtdAGM
Staffline Group PLCAGM
VPC Specialty Lending Investments PLCGM re investment policy
Tuesday 13 June 
Animalcare Group PLCAGM
Asiamet Resources LtdAGM
Centrica PLCAGM
Dillistone Group PLCAGM
EJF Investments LtdAGM
Elixirr International PLCAGM
Flowtech Fluidpower PLCAGM
Frenkel Topping Group PLCAGM
Great Western Mining Corp PLCAGM
Newbury Racecourse PLCAGM
Plant Health Care PLCAGM
Pressure Technologies PLCGM re delay to the publication of the FY22 Annual Report and directors' remuneration
Sound Energy PLCAGM
Zinnwald Lithium PLCAGM
  
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4 May 2023 14:40

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.

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4 May 2023 11:34

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.

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