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Sorry, headline should have read:

Fomento sets up subsidiary for Sound Energy pipeline contract

A year after having won the front-end engineering design (FEED) contract for the Tendrara gas pipeline alongside fellow Spanish companies [...]

No access to article.

It appears the pipeline is still ongoing. No access.

https://www.africaintelligence.com/MCE/business-circles/2019/05/23/fomento-sets-up-subsidiary-for-sound-energy-pipeline-contract,108358311-ART

Perhaps a clue to why companies and governments wait for testing results.

1.https://news.google.com/articles/CBMiWGh0dHBzOi8vd3d3LnRoZW5ld3MuY29tLnBrL3ByaW50LzQ2NTMyNy1wYWtpc3Rhbi1idWxsaXNoLW9uLW9pbC1nYXMtZGlzY292ZXJ5LWF0LWtla3JhLTHSAVZodHRwczovL3d3dy50aGVuZXdzLmNvbS5way9hbXAvNDY1MzI3LXBha2lzdGFuLWJ1bGxpc2gtb24tb2lsLWdhcy1kaXNjb3ZlcnktYXQta2VrcmEtMQ?hl=en-GB&gl=GB&ceid=GB%3Aen

2.https://news.google.com/articles/CBMiV2h0dHBzOi8vZHVueWFuZXdzLnR2L2VuL1Bha2lzdGFuLzQ5MTcxNS1Hb29kLW5ld3MtcmVnYXJkaW5nLW9pbC1kaXNjb3ZlcnktZXhwZWN0ZWQtc29vbtIBK2h0dHBzOi8vZHVueWFuZXdzLnR2L2FtcC9lbmdsaXNoLzQ5MTcxNS5waHA?hl=en-GB&gl=GB&ceid=GB%3Aen

3.https://news.google.com/articles/CBMiVGh0dHBzOi8vd3d3LnBha2lzdGFudG9kYXkuY29tLnBrLzIwMTkvMDUvMTgva2VrcmEtMS1leHhvbi1hbGwtc2V0LXRvLXBhY2stYW5kLWxlYXZlL9IBWGh0dHBzOi8vd3d3LnBha2lzdGFudG9kYXkuY29tLnBrLzIwMTkvMDUvMTgva2VrcmEtMS1leHhvbi1hbGwtc2V0LXRvLXBhY2stYW5kLWxlYXZlL2FtcC8?hl=en-GB&gl=GB&ceid=GB%3Aen

From SDX statement today :

Net realized average Morocco gas price - US$/mcf. 10.26 (2019) compare to. 10.03 (2018).
For 3 months ended March 31st.

Also, as comparison of scale with Sound :

Due to a slower than anticipated run-rate of new customer additions and a scaling down of certain business lines at an existing customer, 2019 Morocco gas sales guidance is revised to an annual average gross rate of 6.0-6.5MMscf/d, being the estimated contracted volumes from existing customers. Previous guidance was for a 2019 gross exit rate of 9.0-11.0MMscf/d.

" if there is any gas in the ground, it would have been there many millions of years before JP was a scratch in his Daddy's pants".

I beg to differ Mr simonthezealot. I have it on good authority that all gas was put into the ground 6,000 years ago when the Earth was created. There is a good book written on the subject. I think it is titled the " Bible". All I need now is a punter to confirm the facts. Is there such a person?

“after completion of the Company's ongoing operational programme in Eastern Morocco, which is expected to complete towards the end of H1 2019.”

I happily stand by my view that the above statement does not indicate that Te11 will not be drilled. Te11 is not "going on" at the moment and so cannot be considered to be part of the ongoing operational programme. I think shareholders are trying to uncover any evidence of a liquidity event, however tenuous, and are letting their judgement be compromised. Mr Parsons, as always, is leaving the door open to further drilling.

that today's RNS means that Te11 will not be drilled. The operational programme refers to Te10. Te11 is not yet operational but can become so after Te10 is complete. I still think and hope it will be drilled. Don't you want to know the possibilities of Tendrara? Erratic share price movements are with us until Te10 is confirmed as commercial or not. Exciting times.

Are you going to spring a trap? Anyway Sclum. have a 27.5% interest in Tendrara, Onhym 25% and I didn't know there are other investors. Please enlighten.

I have it on good authority that David Clarkson is a bit of a grouse in the Sound office and he wants to be out of there by the glorious twelfth.

On dear, figures, not my strong point. And that was half a day ago.

Sound has 1.05 billion shares but I approximated to 1 billion. At 75p that equates to £750 million. Sound has a 47.5% share of the Moroccan project (Tendrara). So 100% is £1.6billion with the remainder £850 million shared by Sclum(27.5%) and Onhym(25%). So, what I think I was pointing out was if a buyer pays 75p for Sound shares, the overall value that would be put on the Moroccan project is £1.6 billion. Though I know the buyer could just buy the Sound stake and the Onhym stake carries through to the new entity and is not bought.

75p per Sound share equates to £1.6 billion for Tendrara. It is about £750 million for 47.5% owned by Sound.

Did some investors get a whiff of gas mid Friday afternoon? Fridays close of 20.05p was the first time that the Sound share price has risen in two consecutive weeks since 31st Setember 2018. The closing share price was (just) above the long term downward trendline of over two years, a major break. It will take another week to confirm or deny this. This next week could be very important. Exciting times.

The share price tells me how much it costs to buy and sell the shares. You , it appears, can tell me what Malcy didn't say. Are you going to tell all or is it a secret?

It is known what he said but what is it that's didn't say?

Mickey, stop wasting all that money on creams and lotions. Go see a doctor. More than likely you will be told there is more than one.

The RNS confirmed the unstimulated test was largely completed. Plenty of information was given. Now the stimulated test can begin. Isn't that the sort of information people have been asking for? The EIA assessment was over a large area. It took time. What's not to like? The company is trying hard to inform shareholders at what must be a busy time. Personally, I have always thought Te11 will be drilled and hope that it is. I think we will hear the location in the next week or so. We should learn to take news as news and not an attempt to inflate the share price. Exciting times.

" A trap can trap all the gas it can hold, then it spills and is potentially lost".

Is this correct? I don't think anything spills. The gas migrates into the enclosure until the enclosure is full. It then stops migrating into the enclosure and either stays where it is or in the Te10 case moves up dip into the stratigraphic trap.

I have a collection of hard hats. I think it is San Leon energy.

https://www.proactiveinvestors.co.uk/companies/amp/news/219875

In an Eastern Morocco update today Sound has confirmed previous announcements that they would perform unstimulated and stimulated flow tests on multiple intervals in the TAGI reservoir. The unstimulated test is now largely complete over a gross interval of 158m in the TAGI and the company is ‘delighted’ to report that it has secured hydrocarbon gas to surface from the primary shallow zone without stimulation or artificial lift.

The next step in the operation will be to mechanically stimulate the most prospective zones, in order to seek to establish potentially commercial flow rates of gas. Given what the company has already told the market regarding its assessment of the reservoir section a stimulated flow rate of approximately 1.5 mmscf/d to 2 mmscf/d is likely to be commercial and would be tied back to TE-5.
U
Sound also announced that it has been awarded an EIA for future drilling in the Greater Tendrara permit and the majority of the Anoual permit covering some 9,400 km², this is a large amount of acreage and gives Sound maximum flexibility in selecting sites for not only TE-11 but other drilling locations. Exciting times indeed for the company in Morocco.