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From sounds website on Anoual "M5"
Sound Energy Plc logo
Share price (last LSE trade) 0.75GBX at 09:56 GMT
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Tendrara Production Concession
Phase 1 – Micro LNG
Phase 2 – Pipeline Project
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Sidi Mokhtar
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Anoual
sound energy flame logo
Our exploration asset in Eastern Morocco: Anoual
License Details
Area
8,873 km2
Status
Petroleum Agreement: Exploration
Effective date
31 August 2018
Term
9 years 4 months
Resource Potential
Exploration potential in the Triassic TAGI reservoir of 11.48 Tcf gross/8.61 Tcf net (mid-case un-risked GIIP) identified in sub-salt concepts, leads and prospects
Interests
Operator with an effective interest of 75%
ONHYM holds the remaining 25% interest
Permit Area
Located for access to Gazoduc Maghreb Europe ("GME") pipeline approximately 120 kilometers to the North. The 522 kilometres long Moroccan section is owned by the Moroccan State and operated by Metragaz. The pipeline connects Morocco to the Spanish/Portuguese gas grids.
Geology
Only one well drilled across the entire area.
Committed geophysical surveying completed with a single well commitment remaining.
Exploration potential in the Triassic TAGI1 reservoir of 11.48 Tcf gross/8.61 Tcf net (mid-case un-risked GIIP2) identified in sub-salt concepts, leads and prospects.
Future Developments
"M5" prospect matured for drilling a TAGI target, operational planning progressing.
Eric. He said he believes people want share value rather than dividends, well I do and would rather see finances go towards exploration. I'm sure dividends will come after successful exploration, With 32 TCF to go after.
An excellent and honest presentation, Graham didn't shirk any questions whatever they were he faced them head on. A company on the road to big things before too much longer, remember "No news is good news" we will be told immediately if anything goes wrong. Calvalley sound like they are ready to sign the deal any day now and my confidence in Graham and the team was bolstered by what I listened to. This year being transformational is still very much on track.
Adam, my guess it will be an afternoon one soon after contracts are signed off.
Https://twitter.com/FlagstaffIR/status/1754456841864482823?t=xlFFBCaWh4NW8wth7mfq8A&s=19
Company Update-- @soundenergyplc Executive Chairman, Graham Lyon, will be holding a live Investor Q&A session on 15 February 2024 at 5.30pm GMT - open to all existing & potential shareholders
Register here:
investormeetcompany.com/sound-energy-p…
londonstockexchange.com/news-article/S… #SOU
Hoping so ducati, not just for me for all the long term holders, we deserve it.
Yes ducati, but it's starting next month. I wonder if all the deal signing is imminent, hence next weeks questions?
And "Wells" , looking like some deals are going through if not all of them. I just done a little £1500 top up so my moneys where my mouth is, unlike some posters on here.
Still moving forward no matter how negative some posters are.
https://twitter.com/soundenergyplc/status/1755229382451310876?t=RAtZ3oNzGfN6hzcDtCnV-w&s=19
Kylie, You're sounding a lot more optimistic today, you must be expecting a good RNS also are you.
Eric. Yes this is painful and we do need an RNS soon, I think it's still going ahead or we would have had one by now, my guess is we will find out in the next couple of weeks.
I'm not bothered what Graham does as long as he gets these deals signed off and delivers for sound, yes an update should be made, even if to just say everything is progressing but we already know this or we would have to be told. I'm sure we will find out soon enough what has been going on with negotiations.
Blink. Not sure about the leaks, after very little in the way of trades recently we have a steady stream of decent buys from opening, with no sells going by trade price.
Ah so we are getting to the crux of the matter, your gripe is solely with the management team, are you James parsons wishing for them to fail by any chance? By the way when someone says I promise, they are usually lying.
Oh come on Kylie, you're like beetlejuice.
Somebody mentions sound three times and you show up in one of your guises
Haha, well you're not spending all day, every day watching ths board for nothing. Not that I care if it's what makes you happy carry on 👍
Crude, I think it's much nore simple than that. He/she has created multiple accounts to try and manipulate /hold the price downwards to get in as cheap as possible with minimal risk. They have obviously extensively researched the company and on a risk assessment of no good news for a while are binding their time. They will be watching for a good rns every morning and through the day like a hawk as not to lose out. Nobody spends that much time without material gain and as soon as the deals getting signed are announce they will pile straight in and use another set of avatars saying this is the best company ever. In the meantime they will remain here like a bad smell.
Surely he is under egging the pudding, with 32 T.C.F of gas to go after, and on the cusp of some very major deals getting signed off, the micro lng plant coming together (albeit a bit late) and existing descoveries about to get a makeover to maximise production.
Sound Energy, Bedrock Drilling, Schlumberger, Italfluid + Tacron engineers & supporting subcontractors on site preparing wells for future gas production to feed the mLNG plant under construction. We will now commence preparations for the next phase of work overs due spring 24
Https://twitter.com/soundenergyplc/status/1734176117609631867?t=7jlyLpqGX1iSIXjkWpwSHw&s=19