Member Info for Ducati2

The position Sound Energy is in now, well talking to Major and Super Majors the share price could do anything when a deal is concluded. Mention SBK-1 as the next well to re-drill beyond the Fault and carry out some stimulation (Fracking) and flow at TE-5 rates and a new game will be in force.
TE-5 Structure flowed 1.4 mm cftpd on extended well test
• No pressure depletion observed on testing
• SBK-1 flowed initially at 5 mm cftpd from TAGI Triassic reservoirs
• Declined to 2.5 mm cftpd – potential permeability barrier caused by fault close to well bore (based on 2D seismic interpretation)

https://mobile.twitter.com/soundenergyplc

Operated by Talos Energy, Block 7 is Mexico's first offshore block to be awarded to a private operator. The development partners of Block 7 include Talos Energy (35%), Sierra Oil and Gas (40%) and Premier Oil (25%). The Zama oil field was discovered in July 2017.
Ownership: Talos Energy (35%), Sierra Oil and ...
Operator: Talos Energy
Project Type: Offshore oil field
Location: Sureste Basin, Gulf of Mexico

A third-party reserves auditor estimated the discovered recoverable resource volumes in the Zama field to be between 735m and 950m barrels of oil equivalent. The field could produce over 160,000 barrels of oil equivalent per day once fully developed, according to a statement from Talos.

Talos said it anticipates submission of a unit development plan for approval by the working interest partners within 12 months, a critical step before the parties can make a final investment decision in 2023.
https://splash247.com/unitisation-process-of-zama-field-offshore-mexico-finalised-pemex-appointed-operator/

Let’s face it, to be fair talking to oil and Gas Majors and Super Majors is a good start to say the least.

The super majors and Majors are considered to be BP, Chevron, Eni, ExxonMobil, Shell, TotalEnergies, and ConocoPhillips.

10 Biggest Oil Companies
#1 Saudi Arabian Oil Co. (Saudi Aramco) (Tadawul: 2222)
#2 PetroChina Co. Ltd. (PTR)
#3 China Petroleum & Chemical Corp. (SNP)
#4 Exxon Mobil Corp. (XOM)
#5 TotalEnergies SE (TOT)
#6 BP PLC (BP)
#8 Marathon Petroleum Corp. (MPC)
#9 Valero Energy Corporation (VLO)

A good Q&A, well worth having things are definitely looking up. Well done Graham and the team.

Moving out of price range or just a spike.........positive.

Live Q&APlease submit your questions ahead of our Live Q&A Session with the Executive Team of Sound Energy on 30 May 2022.No time stipulated at the moment that I can see.

https://vimeo.com/714023160/9baffb1695

Translation required.........

The Q&A still to come 30 May.

With the high oil and gas prices anything can happen........

SDX
The Transaction
Tenaz is focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. SDX has producing assets in Egypt and Morocco which are well suited to Tenaz’s corporate strategy. Both countries are within Tenaz’s primary regions of focus, and SDX’s assets create a production base with the potential to build an operating presence of significant scale over time. Egypt is a resource rich country that recognises the importance of the oil and gas industry to its economy and energy security, and accordingly, encourages sustainable hydrocarbon development. Morocco has a supportive fiscal environment with local natural gas demand that provides a ready market for domestic production.

https://twitter.com/soundenergyplc

Well Joe I’m blown away by that, who would of thought it...........Think I might believe this guy in the vid below or why be invested!

https://www.youtube.com/watch?v=pGMe5QnGUeM

According to statistics compiled in 2021 by Global Data, an international data analytics and consultancy firm, Morocco's recent gas projects, especially Tendrara and Anchois, bring the country “closer to unlocking [its] domestic gas riches.”
https://www.moroccoworldnews.com/2022/05/349078/gigantic-projects-morocco-s-bet-for-a-brighter-economic-future

Slightly old Article.............. the demand is certainly there.
https://www.moroccoworldnews.com/2022/04/348409/morocco-determined-to-strengthen-its-gas-infrastructure

Don’t forget the up and coming Q&A.
Sound Energy
@soundenergyplc
·
11 May
Our Q&A platform is open to submit your questions ahead of our live session on 30th May. See http://yoursoundenergy.com to sign up/register. #gas #transitionfuel

Everybody wants Sound Energy’s Moroccan gas now, says chairman Graham Lyon.

With a little help what could Graham achieve, with 75% Sound and 25%ONHYM we have room to move. Who could farm in, lots of potential in Morocco.......Just needs unlocking

The targets.

These targets include the exploration prospect 'M5' located on the Anoual permits, together with the potential of the structures previously drilled on the Greater Tendrara permits, SBK-1 and TE-4. Both SBK-1 and TE-4, drilled in 2000 and 2006 respectively, encountered gas shows in the TAGI reservoir. SBK-1 flowed gas to surface during testing in 2000 at a peak rate of 4.41 mmscf/d post acidification, but was not tested with mechanical stimulation. Mechanical stimulation has proven to be a key technology to commercially unlock the potential of the TAGI gas reservoir in the TE-5 Horst gas accumulation and accordingly the Company believes this offers potential to unlock commerciality elsewhere in the basin.

https://www.youtube.com/watch?v=pGMe5QnGUeM

Amina Benkhadra, Director General of ONHYM: “Morocco benefits from favorable geology, a stable political and security environment and an attractive legislative framework”What are Morocco's achievements, precisely?In the Tendrara region, our partner Sound Energy, following 2 positive wells, has put in place a development plan to supply the ONEE power stations via a gas pipeline.Similarly, it has initiated a preliminary stage for carried LNG gas, intended for industrialists on the Atlantic coast in 2024. https://lnt.ma/amina-benkhadra-directeur-general-de-lonhym-le-maroc-beneficie-dune-geologie-favorable-dun-environnement-stable-sur-le-plan-politique-et-securitaire-et-dun-ca/

Oil and gas prices to remain high.......Governments requires lots of gas, government backing to start exploring what’s not to like........up we go!

.....Can it hold the rise until close?

Annual General Meeting which is being held today at 10.00 BST.

Proposed final dividend of $100 million (8.4505 pence per share) for full year 2021 to be paid on 18 May, subject to shareholder approval

Harbour Energy is pushing ahead with an “active rig programme”, with plans to drill over 20 development and infill wells in 2022.

https://www.energyvoice.com/oilandgas/north-sea/410510/harbour-energy-poised-to-drill-over-20-development-and-infill-wells-in-2022/

All changes effective from 12 May 2022.
Ferguson PLC is being replaced by Harbour Energy in FTSE 100 Index.

Live Q&A session on 30th May 2022 , ask the burning questions, you may not always get the answer straight away..........Tax, but it’s good to have for some!
http://www.yoursoundenergy.com/app/auth/main

https://www.youtube.com/watch?v=WBez04--qz4

They need our Gas.
https://www.youtube.com/watch?v=pGMe5QnGUeM

And we have some.
https://www.youtube.com/watch?v=hCxHO2w0Zsg

Broker update.
https://www.soundenergyplc.com/media/hw0mk0kh/01jp_sou-2022-05-03-flash-note.pdf

Hope the above links help.........and for those not invested you can still ask Graham questions!

https://www.theguardian.com/business/2022/may/08/tory-donor-ayman-asfari-to-leave-petrofac