Member Info for Ducati2

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/097b6ce3-3eff-47d9-a7f2-3b9ee9e4a0c3/SOU_note_final.pdf

Slide 6 of the presentation shows Tendrara tie-in, Also someone called Andrew Hockey is on he board!! Well you never Know what could happen.

https://www.chariotoilandgas.com/wp-content/uploads/2020/04/Corporate_Presentation_April_2020.pdf

With the demand for oil plunging globally, Chariot is now focusing on low risk gas appraisal, which makes the coast off of Morocco ideal for the exploration. The company anticipates future developments in the area will deliver strong returns and significant cash flow.

https://www.moroccoworldnews.com/2020/04/299217/chariot-oil-gas-to-shift-focus-to-morocco-during-pandemic/

https://www.agenceecofin.com/gaz-naturel/0204-75354-maroc-les-negociations-relatives-au-gaz-de-tendrara-se-poursuivent

Initially scheduled to be completed on March 31, 2020, negotiations for the purchase and sale of natural gas between the public electricity and water company (ONEE) and the producer Sound Energy should continue until '' as of June 30, 2020. To this end, the two parties are currently finalizing an amendment to the memorandum of understanding signed on October 30.

In January, the conclusion of the agreement had already been postponed until March 31.

Documents supporting this amendment have not yet been signed due to travel restrictions related to the Covid-19 pandemic. Both parties have nevertheless promised to make the necessary efforts to conclude this arrangement as soon as possible. They added that an update will be provided immediately if necessary, in a timely manner.

Under the terms of the final agreement to be signed, the state-owned company will purchase 48.4 million cubic feet per day of natural gas from the British company over a 10-year period. In total, ONEE will contribute $ 84 million annually to Sound Energy as part of the agreement.

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/097b6ce3-3eff-47d9-a7f2-3b9ee9e4a0c3/SOU_note_final.pdf

The Company believes that the developments described above are important milestones in the process of developing and commercialising the Concession and as the Company progresses towards the Final Investment Decision (when binding development capital commitments are to be made) for each phase of the Concession field development.



Tendrara Gas Sales Agreement ("GSA") MOU

The Company confirms that GSA negotiations continue but announces that a binding GSA is not expected to be entered into prior to 31 March 2020. In order to extend the period for negotiations of the final GSA with Morocco's Office National de l'Electricité et de l'Eau Potable ("ONEE"), the state power company of Morocco, beyond 31 March 2020, the Company expects to enter into a further extension to the previously entered GSA MOU shortly.

COVID-19 outbreak and safety measures



The safety of our employees, contractors and stakeholders is paramount and in line with recommendations from both the UK and Moroccan Governments, the Company has implemented continuity plans enabling all personnel at the Company's offices in Sevenoaks and Rabat to work remotely.



The Company also advises that the investor event which had been planned for the end of March/beginning of April will be postponed until further notice.





Further announcements with respect to matters above will be made in due course, as appropriate.

Eastern Morocco Update



Sound Energy, the Moroccan focused upstream gas company, is pleased to provide the following Eastern Morocco update, confirming receipt of a further Environmental Impact Assessment ("EIA") approval and land corridor rights in respect of the Tendrara Gas Export Pipeline ("TGEP").



EIA of the gas treatment plant and compression station (including liquefaction)



On 17 February 2020 the Company announced its plan to pursue the first phase of TE-5 Horst development at the Tendrara Production Concession (the "Concession") via a micro liquified natural gas ("LNG") production plan. Negotiations are ongoing with equipment providers for the LNG production facility solution and with industrial customers and distributors in relation to a gas offtake agreement.



The Company is pleased to announce that it has now received the EIA approval from the Moroccan Ministry of Energy, Mines and Environment related to the building of the proposed gas treatment plant and compression station ("CPF") at the Concession, including the option for gas liquefaction. Receipt of the CPF EIA approval follows meetings of the National Committee from the Moroccan Ministry of Energy, Mines and Environment to review the CPF EIA held on 10 October 2019 and 28 January 2020 and receipt of EIA approval for the 120km TGEP connecting the proposed CPF to the Gazoduc Maghreb Europe pipeline ("GME"), as announced by the Company on 13 January 2020.



Inclusion of gas liquefaction within the CPF EIA approval enables the LNG development planned as Phase 1 of the Concession field development plan, with the TGEP led full field development of the Concession following as Phase 2.



Tendrara Gas Export Pipeline corridor rights



The Company continues to progress the TGEP led full field development of the Concession alongside the LNG production strategy and advises that, following discussions with representatives of Morocco's Ministry of Interior and of the Forestry Department to obtain rights through a long-term lease agreement for a 50m wide corridor along the entire 120 km length of the TGEP, formal land access approvals have been received from the Ministry of Interior and the Forestry Department and the Company will now seek to agree the tariff for the land access with the Ministry.



The land access approvals now received relate to land covering 99.9% of the entire length of the 50m wide TGEP corridor and the remaining land approvals required, covering land required for the three principal blacktop roads and five river crossings along the TGEP route, are to be sought at a later date, after Final Investment Decision is taken.

http://www.conferenzagnl.com/gnl-di-piccola-taglia-nel-deserto-del-marocco/?lang=en

https://energies-media.com/maroc-sound-energy-revoit-strategie-gazier-tendrara/
The company plans to start with a mini development plan for the concession by operating a field, for the first production of liquefied natural gas in 2021. In this scheme, the 120 km gas pipeline is carried over to a later phase

The company intends to start with a mini development plan for the concession by operating a field, for the first production of liquefied natural gas in 2021. In this scheme, the 120 km gas pipeline is carried over to a later phase


The company Sound Energy plans to develop the Tendrara onshore gas field in Morocco from a mini liquefied natural gas production plan (micro LNG production plan), Energies Media learned in an official note from the operator.

The mini plan, revealed in Sound Energy’s business update to February 17, 2020, plans to start producing gas from a concession field - TE-5. The resource, which will be liquefied before being marketed, would be delivered to industrial consumers and distributors.

In its initial strategy, Sound Energy planned to resell all LNG produced in Tendrara to the National Office for Electricity and Drinking Water (ONEE). On this point, the company indicates that negotiations are continuing but that it is also exploring other options.

The initial strategy also included a gas treatment and compression station as well as a 120 km long gas pipeline, connected to the Maghreb-Europe gas pipeline (which crosses Morocco to Spain, coming from Algeria). For the gas treatment plant, the company is looking for funding. With regard to the pipeline, Sound Energy now estimates that it will be able to be integrated into the mini plan at a later date, given the longer implementation times for this infrastructure.

Mohammed Seghiri, deputy chief executive of Sound Energy, said it was a "rapid development strategy" to begin to leverage Tendrara's resources while awaiting a comprehensive "timely" development plan.

According to the official, the company hopes to make a final investment decision on the mini plan before the end of the second quarter of 2020, for the first production of LNG in the year 2021.

The Tendrara concession is jointly developed with the Matarka concession, covering a total area of ??14,500 km², within the Grand Tendrara project, in the Oriental region.

https://www.lixcap.com/en/our-team/

Noodle60,
Do I believe that there is big gas there, well Schlumberger thought there was with all their technology and information at hand, so yes I still think there is gas. I think Brian knows the business and has a good pedigree, but you are only as good as your last well and having no skin in the game was a target.........Who had the final say on the well locations that's the issue apart from those wells not been commercial.

JP really struck it lucky in Morocco with those wells, I think he lost the plot and got greedy and tried to discover a monster field in a short period of time with small cash available, to drill the size of the gas basin. How long was it before Algeria discovered their gas field and how many dusters did they have before they discoveries gas. Only hope we do not go the same way as others who have tried to unlock Moroccan gas fields.

The new management team, lets hear what they have to say (soon ) and the direction we will take. As for Schlumberger I would love to hear what their views are and with our market cap I'm surprised they have not shown a little interest in doing business with us.

Not drilling the deeper zones, I can only think It was down to lack of funds the same reason for not completing the 3D. How much say did Brian have. and how much input from Schlumberger.........well they should of had the majority say.

The latest addition to the SPM portfolio is the Tendrara project in Morocco.

The Tendrara structure was first drilled 50 years ago when natural gas was discovered. Further exploration and appraisal wells confirmed the original discoveries and extended the structure’s boundaries. As the network of North African gas pipelines expanded, the Tendrara field found itself closer and closer to the Southern European gas grids making the project economics more and more attractive. In December 2015, Schlumberger joined the existing partners, led by operator Sound Energy.

Under the terms of the agreement, Schlumberger will invest over the exploration and appraisal period to 2020, which will include three new wells. Schlumberger will be the exclusive service supplier, coordinating operations and logistics. As the gas is brought to market, we will receive a net profit interest based on our shareholding. Risk is mitigated by our operational engagement, the proximity of the project to existing natural gas infrastructure, and opportunities to develop our contractual engagement.

The project is an ideal extension to the SPM portfolio, combining a risk profile that is comprehensively mitigated, a known geological environment in which Schlumberger technology can be optimally deployed, a geographical area in which Schlumberger has built a wide footprint, and an operating structure that favors the SPM model.

https://www.bladi.net/maroc-exportateur-gaz-naturel,65625.html

Morocco one step away from joining the club of natural gas exporters.

Moroccan experts say kingdom is 'one step away from joining the club of natural gas exporters' after UK group Sound Energy receives green light from Moroccan government to assess environmental impact of new 120 km oil pipeline, which should link Morocco to Europe.

Negotiations between the two sides over the long-term operation of the 50-meter diameter pipeline are expected to continue until the end of March, Akhbarona said.
The preliminary meetings between Sound Energy and the National Office of Electricity and Drinking Water, led to the signing of a memorandum of understanding detailing the conditions of acquisition of natural gas for the commissioning of the power plants. electric.
With a stock of 20 billion m3, discovered over an area of ??14,500 km² in the Tendrara region, Sound Energy plans to start production of natural gas from the year 2021.

For his part, Aziz Rebbah, Minister of Energy and Mines, had announced, during a television program, that the forecast quantity of natural gas in Morocco will cover 40% of the country's needs over a period of 10 years .

Some people are still averaging down, or new blood to the slaughter? Just hoping for the new team to cast a light.

To have an update as someone said yesterday...........if the new management want to install confidence with existing and new investors they need to communicate very soon?

Communication is key and cash is king.............We are running low on both, could do with an update on or possible partner / investor.

Sorry meddi that comment was a bit of sarcasm about Brian......little volume. I think it was a buy......here’s hoping for something to happen.

Share price ask 1.5p traded at 1.535, or could it be Brian on the rampage?

In Internet slang, a troll is a person who starts quarrels or upsets people on the Internet to distract and sow discord by posting inflammatory and digressive, extraneous, or off-topic messages in an online community (such as a newsgroup, forum, chat room, or blog) with the intent of provoking readers into displaying ...

JEZ go and make some PIZZA for TOM!

https://www.google.co.uk/search?safe=strict&source=hp&ei=tK1bXtOMBsu8afzgtPAK&q=internet+troll+meme&oq=internet+troll+&gs_l=mobile-gws-wiz-hp.1.1.0l8.5535.15176..16853...14.0..0.145.145.0j1......0....1.......8..41j41i13j0i131j46i131j46.n5q9tEZg09s#imgrc=VR8bZbRUgQt6JM:

https://new.siemens.com/global/en/markets/oil-gas/midstream/lngo-micro-scale-lng-production-system.html

https://assets.new.siemens.com/siemens/assets/api/uuid:8576d566-1d83-434b-9e98-dd223c48ee59/version:1581464874/11004-lngo-hpspecsheet-2019-hr.pdf

https://www.hydrocarbonprocessing.com/news/2018/03/siemens-micro-lng-solution-commences-operation-in-british-columbia-canada

The LNGo technology makes it possible to monetize stranded gas deposits due to its relatively low capital and operating costs. The micro-scale LNGo solution can be deployed in rough terrain or remote regions, eliminating the need to establish an expensive gas pipeline infrastructure or arrange for long-distance trucking of LNG from centralized plants to point of use. It can function as a decentralized solution where the requisite pipeline infrastructure is lacking, or as an onsite solution to reduce or eliminate flaring of petroleum gas at, for example, oil rigs or producing gas fields.

Graham Lyon
Executive Chairman (Director)
Mr. Lyon is an experienced oil and gas executive with 40 years of experience across technical, operational and commercial leadership roles, including as Chairman of Infrastrata plc (AIM: INFA) and International Vice President of Petro-Canada (TSX: PCA). Mr Lyon is a Petroleum Engineer by training, is currently Non-Executive Chairman at SulNOx Group PLC (NEX: SNOX) and holds various private directorships with small energy and consulting firms.