RE: Schlumberger stake in Moroccan gas19 May 2019 10:48
Schlumberger have had an interest in sound energy ( SOU ) since 2016 when they collaborated on the moroccan Tendrara project.
The SP rose from the the mid teens to over a pound in a few months on nothing but a promise and hype plus largely the presence of sclum and has so far delivered little. They are currently awaiting the results of the latest Tendrara dril TE10 which if proved commercial, shareholders are hoping will lead to the Liquidity event or sale of the company for some price in excess of £1 per share as promised by CEO James Parsons.
Sclum's involvement was the making of SOU and I have always maintained it would be the obvious SP for COPL.
I just wish they would get on with it !