Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSound Energy Regulatory News (SOU)

Share Price Information for Sound Energy (SOU)

Share Price is delayed by 15 minutes
Get Live Data
1.80    0.00 (0.00%)
Bid:
1.70
Ask:
1.90
Spread: 0.20 (11.765%)
Market Cap: £4.11m
SOU Live PriceLast checked at - London Stock Exchange

Intraday Sound Energy Share Chart

JV for Hydrogen

17 Jun 2025 07:00

RNS Number : 0671N
Sound Energy PLC
17 June 2025
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

17 June 2025

Sound Energy plc

 

("Sound Energy", the "Company" and together with its subsidiary undertakings the "Group")

 

Hydrogen and Helium Exploration Update

 

Sound Energy, the transition energy company, is pleased to announce completion of the regional screening study for natural hydrogen and helium undertaken in collaboration with Getech Group Plc ("Getech"), a global leader in locating essential energy and mineral resources crucial for the energy transition.

 

On 28 October 2024 the Company announced entry into an Exploration Collaboration Agreement (the "Agreement") with Getech. Pursuant to the Agreement, the parties will collaborate to seek to explore for naturally occurring hydrogen and helium in Morocco. The initial phase of the Agreement comprised a regional screening study to identify areas of potential interest for more detailed assessment by the parties.

 

The Company is pleased to announce that the regional screening study has been completed and has identified areas of significant prospective potential for natural hydrogen and helium occurrence sufficient to warrant further study. The Company and Getech intend, under the terms of the Agreement, to form a Joint Venture and negotiate jointly exclusive rights for the exploration and exploitation of hydrogen and helium resources in Morocco, progressing towards necessary geophysical and drilling activities to unlock potential deposits.

 

John Argent, VP Geoscience of Sound Energy, commented:

 

"We are pleased with the outcome of the regional screening study, which applied Getech's proprietary geologically genetic workflows to identify and de-risk areas with potential for hydrogen and helium across the whole of Morocco. The study has yielded several high-potential targets that will now be the focus of our next phase of evaluation to refine a more targeted exploration programme. As we deepen our collaboration with Getech, we will continue to leverage our local partnerships and operational expertise to unlock value. We see this as a strong validation of our joint approach and a meaningful step forward in our strategy to establish a leading position in the emerging natural hydrogen and helium sector."

 

Further announcements will be made, as appropriate, in due course.

 

For further information visit www.soundenergyplc.com follow on X @soundenergyplc, LinkedIn, or contact:

 

Sound Energy

Graham Lyon, Executive Chairman

 

chairman@soundenergyplc.com

Flagstaff Strategic and Investor Communications

Tim Thompson

Mark Edwards

Alison Allfrey

Tel: 44 (0)20 129 1474

sound@flagstaffcomms.com

Zeus - Nominated Adviser and Broker

James Joyce, Alex Campbell-Harris, Gabriella Zwarts (Investment Banking)

Simon Johnson (Corporate Broking)

 

Tel: 44 (0)20 3829 5000

 

Background

Morocco is emerging as a highly prospective market for natural hydrogen exploration, thanks to its favourable geological conditions and strategic location. The country's extensive onshore basins, rich in subsurface resources, are prime candidates for natural hydrogen discoveries. Morocco's commitment to renewable energy and its supportive regulatory framework further enhances its role as a key player in the global energy transition.

 

Natural (sometimes also referred to as "geologic", "white", "gold" or "native") hydrogen has the potential as a future disruptor in the energy markets, undercutting green and other low-carbon hydrogen energy sources, produced without CO2 emissions, at an estimated cost of around $1 per kilogram. Getech's workflows build on the understanding of genetic factors involved in developing a natural hydrogen system; categorising these into sources, migration paths, reservoirs, traps and seals in much the same way as the petroleum industry has successfully done for many decades.

 

Helium, crucial across sectors such as medical, electronics, aerospace, nuclear and telecommunications where it is used in superconducting magnets and cryogenics, is considered a "critical raw material" by the USA, EU, and Canada due to its irreplaceable nature. Helium and natural hydrogen are often found in the same reservoirs, significantly boosting the economic potential of such discoveries.

 

About Getech

Getech is a leading locator of subsurface resources essential for the world's energy security and sustainable transition. The Company combines unique geoscience expertise, AI-driven analytics, and extensive geospatial insight to identify new energy and mineral resources and streamline exploration processes. Serving clients across corporates, governments and regulators in a wide range of industries, Getech is committed to enabling energy and mineral security while supporting a shift towards low carbon sources.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDPKABQABKDFAD
Date   Source Headline
30th Jun 20153:35 pmRNSResult of AGM, TVR and Update re Funding
25th Jun 20152:19 pmRNSShareholdings of Directors
24th Jun 20157:00 amRNSResult of Open Offer
19th Jun 20157:00 amRNSManagement Changes
17th Jun 201510:00 amRNSPosting of Supplementary Circular
16th Jun 20157:00 amRNSDora / Dalla - EIA Approval
16th Jun 20157:00 amRNSNervesa Update & Open Offer Supplementary Circular
8th Jun 20153:00 pmRNSResult of General Meeting
8th Jun 20157:00 amRNSNervesa and Open Offer Update
8th Jun 20157:00 amRNSMoroccan Country Entry - Signature of Farm In
2nd Jun 20157:00 amRNSPosting of Annual Report and Notice of AGM
29th May 20151:00 pmRNSTotal Voting Rights
21st May 20151:00 pmRNSOpen Offer and Notice of General Meeting
20th May 20157:00 amRNSIssue of Equity
20th May 20157:00 amRNSDrilling Update - Nervesa Second Well
18th May 20157:00 amRNSOpen Offer Timetable
11th May 20157:00 amRNSDrilling Update - Nervesa Second Well
11th May 20157:00 amRNSMorocco - Tendrara Licence
29th Apr 201511:00 amRNSDrilling Update - Nervesa Second Well
28th Apr 20151:30 pmRNSPlacing, Issue of Warrants and Intended Open Offer
28th Apr 20157:00 amRNSPreliminary Results
24th Apr 20157:00 amRNSNervesa Second Well - Drilling Commences
17th Apr 20157:00 amRNSNervesa Field - Production Concession
2nd Apr 20157:00 amRNSNew CPR
17th Mar 20157:00 amRNSBadile EIA Approval
17th Feb 20157:00 amRNSNervesa Drilling Authorisation
10th Feb 20157:00 amRNSNervesa Production Concession
22nd Jan 20157:00 amRNSIssue of Equity re RBL Facility
13th Jan 20157:00 amRNSWithdrawal of Intended Offer for Antrim Energy Inc
12th Jan 20157:00 amRNS2014 Production Update
12th Dec 20147:00 amRNSNervesa EIA Final Approval
24th Nov 20147:00 amRNSIntended offer for Antrim Energy Inc.
13th Nov 20147:00 amRNSNervesa Reserve Based Lending - Signature
15th Oct 20144:45 pmRNSHolding(s) in Company
13th Oct 20147:00 amRNSGas Sales Contracts and Badile Land Purchase
23rd Sep 20147:00 amRNSNervesa Reserve Based Lending - Heads of Terms
17th Sep 20147:00 amRNSHalf Yearly Report
8th Sep 20147:00 amRNSDirectorate Change
2nd Sep 20147:00 amRNSNervesa EIA Approval
8th Aug 20143:00 pmRNSLaura and SMG Rig
7th Aug 20147:00 amRNSBadile Land Purchase and Long Lead Items
1st Aug 20147:00 amRNSNervesa Long Lead Items
31st Jul 20143:00 pmRNSTotal Voting Rights
29th Jul 20147:00 amRNSInstitutional Investment
29th Jul 20147:00 amRNSCasa Tiberi First Gas
23rd Jul 20147:00 amRNSInstitutional Investment
17th Jul 20147:00 amRNSAppointment of Director
15th Jul 20147:00 amRNSSMG CPR
10th Jul 20149:37 amRNSIssue of Equity
26th Jun 201411:31 amRNSDirector/PDMR Shareholding

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.