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
1.90    0.00 (0.00%)
Bid:
1.80
Ask:
2.00
Spread: 0.20 (11.111%)
Market Cap: £4.35m
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
11th Jan 20232:05 pmRNSSecond Price Monitoring Extn
11th Jan 20232:00 pmRNSPrice Monitoring Extension
4th Jan 202311:05 amRNSSecond Price Monitoring Extn
4th Jan 202311:00 amRNSPrice Monitoring Extension
22nd Dec 202212:30 pmRNSExploration Permit Update
12th Dec 20227:00 amRNSProject Financing Update
29th Nov 20227:00 amRNSMicro LNG Development Progress & Project Contract
2nd Nov 20227:00 amRNSUpdate re Moroccan Tax Administration Notification
31st Oct 20227:00 amRNSProject Financing Update
20th Oct 20221:20 pmRNSUpdate re Exploration Permits
14th Sep 20222:06 pmRNSSecond Price Monitoring Extn
14th Sep 20222:00 pmRNSPrice Monitoring Extension
14th Sep 20221:47 pmRNSUpdate re Moroccan Tax Administration Notification
7th Sep 20227:00 amRNSHalf-year Report
9th Aug 20227:00 amRNSFinancing Update, Farm-Out Process and Exploration
13th Jul 20227:00 amRNSUpdate re Sound Energy Morocco East Moroccan Tax
30th Jun 202212:33 pmRNSTotal Voting Rights
28th Jun 20222:51 pmRNSResult of AGM
23rd Jun 20227:00 amRNSAppointment re Tendrara Development Financing
8th Jun 20222:05 pmRNSSecond Price Monitoring Extn
8th Jun 20222:00 pmRNSPrice Monitoring Extension
8th Jun 202211:53 amRNSFundraise to raise £4 million
31st May 20223:00 pmRNSTotal Voting Rights
19th May 20229:06 amRNSSecond Price Monitoring Extn
19th May 20229:00 amRNSPrice Monitoring Extension
18th May 20224:41 pmRNSSecond Price Monitoring Extn
18th May 20224:36 pmRNSPrice Monitoring Extension
6th May 20221:27 pmRNSBlock Admission
5th May 20227:00 amRNSUpdated Corporate Presentation
3rd May 20224:42 pmRNSNew LTIP, Award of Options and Issue of Equity
19th Apr 20229:00 amRNSPublication of Annual Report and Notice of AGM
14th Apr 20229:05 amRNSSecond Price Monitoring Extn
14th Apr 20229:00 amRNSPrice Monitoring Extension
14th Apr 20227:00 amRNSOperational and Strategic Update
8th Apr 20221:25 pmRNSForm 8.5 (EPT/NON-RI)
8th Apr 20227:00 amRNSRe Sound and Termination of FSP
8th Apr 20227:00 amRNSRe: Possible Offer for Angus Energy
7th Apr 20229:50 amRNSForm 8.5 (EPT/NON-RI)
6th Apr 20229:17 amRNSForm 8.5 (EPT/NON-RI)
30th Mar 20229:45 amRNSForm 8.5 (EPT/NON-RI) - Sound Energy PLC
29th Mar 202211:22 amRNSForm 8.5 (EPT/NON-RI)
24th Mar 20227:00 amRNSFinal Results
18th Mar 20228:35 amRNSForm 8.5 (EPT/NON-RI)
17th Mar 202210:14 amRNSForm 8.5 (EPT/NON-RI)
16th Mar 20228:48 amRNSForm 8.5 (EPT/NON-RI)
14th Mar 20223:39 pmRNSPhase 2 - Pipeline Interconnection Agreement
14th Mar 20228:27 amRNSForm 8.5 (EPT/NON-RI)
11th Mar 20221:00 pmRNSOffer Update - Further Extension to PUSU Deadline
11th Mar 20228:33 amRNSForm 8.5 (EPT/NON-RI)
10th Mar 20229:23 amRNSForm 8.5 (EPT/NON-RI)

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.