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Share Price: 0.98

Bid: 0.97

Ask: 0.98

Change: -0.005 (-0.51%)

Spread: 0.01 (1.031%)

Open: 0.98

High: 0.98

Low: 0.98

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Sound Oil Issues 3.7 Million Share Options At 14.25 Pence (ALLISS)

Wed, 30th Sep 2015 12:08

LONDON (Alliance News) - Sound Oil PLC said that it issued 3.7 million options to subscribe for shares in the company at 14.25 pence each last week.

The options will vest on September 25, 2018, and will be exercisable thereafter at any time until September 25, 2020.

Chief Executive James Parsons has been issued with 1.3 million of the options.

Shares in Sound Oil were trading down 2.5% at 14.01 pence Wednesday afternoon.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

More News

21 May 2019 14:04

Sound Energy Shares Sink After Morrocco Gas Discovery Disappoints

LONDON (Alliance News) - Shares in Sound Energy PLC plummeted Tuesday after a gas discovery in Morocco had not achieved commercial flow rates, whilst the firm also announced it was looking to its

15 May 2019 16:11

UK Shareholder Meetings Calendar - Next 7 Days

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14 May 2019 11:50

Sound Energy Board Member Clarkson To Leave After Morocco Work

LONDON (Alliance News) - Sound Energy PLC on Tuesday said Non-Executive Director David Clarkson is to leave the company later in 2019.Sound said he will depart once the company has finished

8 May 2019 09:08

Sound Energy "Delighted" With Initial Testing Of Tendrara Well

LONDON (Alliance News) - Gas company Sound Energy PLC said Wednesday it is "delighted" with initial work at the TE-10 well on Morocco's Tendrara concession.Sound has already a

1 May 2019 08:37

Sound Energy Receives Gas Sales Proposal From Moroccan Government

LONDON (Alliance News) - Sound Energy PLC has received a gas sales agreement offer from the government of Morocco, it said on Wednesday.The proposed gas sales agreement would cover future a

29 Apr 2019 09:10

Sound Energy Ready To Start Next Phase Of TE-10 Well In Morocco

LONDON (Alliance News) - Gas company Sound Energy PLC on Monday said equipment for work at the Tendrara site in Morocco is now on-site.Earlier in April, Sound said it would carry out a test

2 Apr 2019 16:40

Sound Energy Continues Testing Operations At Well TE-10 In Morroco

LONDON (Alliance News) - Sound Energy PLC said Tuesday its testing at TE-10 well in Greater Tendrara area, onshore Morocco, is continuing.Testing operations are underway at TE-10, which of

25 Mar 2019 09:20

Sound Energy Sees Rise In Gas Volumes At Moroccan Well TE-7

LONDON (Alliance News) - Sound Energy PLC said Monday further pressure data from well TE-7 at Tendrara gives the company "additional confidence" for the development plan at TE-5, which a

21 Mar 2019 08:22

Sound Energy Loss Marginally Narrows As Morocco Development Continues

LONDON (Alliance News) - Sound Energy PLC on Thursday said its loss narrowed slightly in its most recent year as it continued to develop its Moroccan assets.In 2018, the upstream oil and a

7 Mar 2019 09:45

Sound Energy continues gas sales discussions with Morocco authorities

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy confirmed continued positive discussions with the country's Office National de l'Electricité et de l'Eau Potable (ONEE) and the Moroccan Minister of Energy on Thursday, in relation to a gas sales agreement.

7 Mar 2019 09:26

Sound Energy In Positive Talks With Ministers For Gas Sale Agreement

LONDON (Alliance News) - Sound Energy PLC on Thursday said it has continued positive discussions with Moroccan authorities in relation to a gas sales agreement from the Tendrara production onshore

18 Feb 2019 12:24

Sound Energy further updates findings at TE-10 discovery

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy updated the market on its operations in Eastern Morocco on Monday, having previously reported a discovery and a planned stimulated well test at TE-10 - the second well in its current three-well exploration programme in the onshore Greater Tendrara area.

18 Feb 2019 08:49

Sound Energy Raises Net Pay Estimates For Moroccan TW-10 Well By 47%

LONDON (Alliance News) - Sound Energy PLC on Monday said it has significantly raised its net pay estimates for its TW-10 well in onshore Morocco after analysis.Shares in Sound Energy were a

28 Jan 2019 10:24

Sound Energy pleased with development progress at Tendrara

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy updated the market on its operations in Eastern Morocco on Monday, having previously announced a discovery and the initiation of planning for testing including possible stimulation at TE-10 - the second well in its current three-well exploration programme in the Tendrara area, onshore Morocco.

7 Jan 2019 10:40

WINNERS & LOSERS SUMMARY: Dunelm Surges After Upbeat Christmas Trading

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 2.6%. The gold miner was tracking spot at

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Sound Oil Issues 3.7 Million Share Options At 14.25 Pence (ALLISS)

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