Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSound Energy Regulatory News (SOU)

Share Price Information for Sound Energy (SOU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.976
Bid: 0.918
Ask: 0.976
Change: 0.036 (3.83%)
Spread: 0.058 (6.318%)
Open: 0.976
High: 0.976
Low: 0.976
Prev. Close: 0.94
SOU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Eastern Morocco: Aerial Gradiometry Results

20 Nov 2017 07:00

RNS Number : 8941W
Sound Energy PLC
20 November 2017
 

20 November 2017

 

Sound Energy PLC

("Sound Energy" or the "Company")

 

Eastern Morocco: Aerial Gradiometry Results

 

Sound Energy, the African and European focussed upstream gas company, is pleased to announce completion of the Airborne Full Tensor Gravity Gradiometry (FTG) and magnetic survey acquisition in Eastern Morocco.

 

The survey team, provided by AustinBridgeporth, flew a total of 26,700 survey line kilometres, across a total area of 22,800 square kilometres over the Tendrara, Matarka and Anoual licences in just less than twelve weeks. The survey, together with the new 2D seismic programme which is now underway, was commissioned to develop a better understanding of the subsurface structure and sedimentary succession.

 

The Company confirms receipt of a preliminary high resolution FTG and magnetic dataset, delivered on schedule and to budget, with highly encouraging results. Critically, these results include the delineation of previously unrecognised subsurface features and a clearer view of the deeper structure across the three licences. The preliminary data provides a far more detailed view of a deep, thick Paleozoic basin extending over the three permit areas, bounded by a series of NE-SW and NNE-SSW faults. The NNE-SSW fault trend is coincident with the Paleozoic anticline identified on 3D seismic beneath the TE-5 Horst (the possible third well location in the 2018 exploration programme). Other similar fault trends may indicate further Paleozoic potential. Following further data processing, likely mid-December, the Company expects to have an improved understanding of the exploration potential of the licence areas.

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon 

Alexandra Roper

 

Tel: +44 (0)20 7830 9700

Sound Energy

James Parsons, Chief Executive Officer 

 

j.parsons@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC Capital Markets - Broker

Matthew Coakes

Martin Copeland

Laura White

 

Tel: +44 (0)20 7653 4000

The information contained in this announcement has been reviewed by Sound Energy's Executive Vice President, Brian Mitchener, a chartered petroleum geologist.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAXFXFFDXFFF
Date   Source Headline
13th Jan 20207:00 amRNSEastern Morocco Portfolio Update
8th Jan 202012:07 pmRNSSecond Price Monitoring Extn
8th Jan 202012:02 pmRNSPrice Monitoring Extension
2nd Jan 20207:00 amRNSUpdate re Tendrara Gas Sales Agreement MOU
20th Dec 20194:40 pmRNSSecond Price Monitoring Extn
20th Dec 20194:35 pmRNSPrice Monitoring Extension
18th Dec 201911:22 amRNSResult of Placing
18th Dec 20198:02 amRNSProposed Placing
22nd Nov 201912:07 pmRNSSecond Price Monitoring Extn
22nd Nov 201912:02 pmRNSPrice Monitoring Extension
19th Nov 20191:30 pmRNSEIA Approval : Sidi Moktar 2D seismic acquisition
13th Nov 20194:40 pmRNSSecond Price Monitoring Extn
13th Nov 20194:35 pmRNSPrice Monitoring Extension
13th Nov 201912:08 pmRNSSecond Price Monitoring Extn
13th Nov 201912:02 pmRNSPrice Monitoring Extension
12th Nov 20193:53 pmRNSSuccession Planning and Board Changes
7th Nov 20197:00 amRNSBoard Change
6th Nov 20197:00 amRNSAgreement
31st Oct 20194:40 pmRNSSecond Price Monitoring Extn
31st Oct 20194:35 pmRNSPrice Monitoring Extension
30th Oct 20197:00 amRNSTendrara Gas Sales Agreement: Signature of MOU
17th Oct 20194:40 pmRNSSecond Price Monitoring Extn
17th Oct 20194:35 pmRNSPrice Monitoring Extension
1st Oct 20194:52 pmRNSTVR and Block Admission Interim Review
19th Sep 20197:00 amRNSHalf-year Report
30th Aug 20194:09 pmRNSTotal Voting Rights
14th Aug 20197:00 amRNSBoard Change Update
31st Jul 20192:14 pmRNSTotal Voting Rights
16th Jul 20192:02 pmRNSIssue of Equity and Total Voting Rights
28th Jun 20191:54 pmRNSTotal Voting Rights
18th Jun 20197:00 amRNSPlacing, Cost Reduction Update and TVR
28th May 20194:27 pmRNSDirector/PDMR Shareholding
23rd May 20192:32 pmRNSDirector/PDMR Shareholding
23rd May 20197:00 amRNSBoard Changes
22nd May 20192:48 pmRNSResult of AGM
22nd May 20197:00 amRNSStrategic and Operational Update
21st May 20191:35 pmRNSTE-10 Well Test Result and Exploration Update
14th May 20197:00 amRNSBoard Change
8th May 20197:00 amRNSOperational Update: Eastern Morocco
1st May 20197:00 amRNSTendrara Gas Sales Agreement Update
29th Apr 20197:00 amRNSFurther Update re TE-10: Rigless Well Testing
25th Apr 20193:42 pmRNSAnnual Report and Notice of AGM
16th Apr 20194:27 pmRNSAnoual: Schlumberger Direct Licence Position
2nd Apr 20194:03 pmRNSTE10: Rigless Well Testing Timing Update
1st Apr 201910:07 amRNSTVR and Block Admission Interim Review
25th Mar 20197:00 amRNSTendrara: Update on TE-7 Connected Gas Volume
21st Mar 20197:00 amRNSFinal Results
7th Mar 20197:00 amRNSUpdate re Gas Sales Agreement
28th Feb 20192:30 pmRNSTotal Voting Rights
18th Feb 20197:00 amRNSTE-10: Net Pay Upgrade and Volume Estimates

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.