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
5th Nov 20204:41 pmRNSSecond Price Monitoring Extn
5th Nov 20204:36 pmRNSPrice Monitoring Extension
30th Oct 20204:41 pmRNSSecond Price Monitoring Extn
30th Oct 20204:36 pmRNSPrice Monitoring Extension
28th Oct 20202:37 pmRNSBond Restructuring Proposals
13th Oct 20207:00 amRNSSidi Moktar Permits Update
2nd Oct 20205:13 pmRNSBlock Admission Update
11th Sep 20207:00 amRNSHalf-year Report
3rd Sep 20208:53 amRNSNotification From Moroccan Tax Authorities
6th Aug 20207:00 amRNSPre-Sale Agreement for Disposal of Badile Land
3rd Aug 20207:00 amRNSResult of Broker Option
29th Jul 202011:01 amRNSShare Placing
8th Jul 20205:43 pmRNSIssue of Equity
6th Jul 20207:00 amRNSEastern Morocco Update: Anoual Exploration Permit
1st Jul 20207:00 amRNSDirectorate Change and Update re Tendrara GSA MOU
29th Jun 20204:41 pmRNSSecond Price Monitoring Extn
29th Jun 20204:35 pmRNSPrice Monitoring Extension
29th Jun 20207:00 amRNSLNG Heads of Terms
23rd Jun 20204:41 pmRNSSecond Price Monitoring Extn
23rd Jun 20204:35 pmRNSPrice Monitoring Extension
8th Jun 20201:32 pmRNSResult of AGM
1st Jun 20204:12 pmRNSTotal Voting Rights
7th May 20206:04 pmRNSNotice of AGM
1st May 20207:00 amRNSTotal Voting Rights
30th Apr 20204:01 pmRNSPublication of Annual Report & Directorate Update
28th Apr 20204:42 pmRNSSecond Price Monitoring Extn
28th Apr 20204:36 pmRNSPrice Monitoring Extension
23rd Apr 20207:00 amRNSFinal Results
16th Apr 20204:41 pmRNSSecond Price Monitoring Extn
16th Apr 20204:36 pmRNSPrice Monitoring Extension
6th Apr 20204:41 pmRNSSecond Price Monitoring Extn
6th Apr 20204:37 pmRNSPrice Monitoring Extension
2nd Apr 20204:41 pmRNSSecond Price Monitoring Extn
2nd Apr 20204:37 pmRNSPrice Monitoring Extension
1st Apr 20207:00 amRNSUpdate re Tendrara Gas Sales Agreement MOU
30th Mar 20204:41 pmRNSSecond Price Monitoring Extn
30th Mar 20204:36 pmRNSPrice Monitoring Extension
20th Mar 20208:41 amRNSEastern Morocco Update
19th Mar 20206:09 pmRNSFurther re Directorate Changes
18th Mar 202012:07 pmRNSSecond Price Monitoring Extn
18th Mar 202012:02 pmRNSPrice Monitoring Extension
12th Mar 202012:07 pmRNSSecond Price Monitoring Extn
12th Mar 202012:02 pmRNSPrice Monitoring Extension
26th Feb 202012:19 pmRNSChange of Adviser
25th Feb 202010:44 amRNSDirectorate Change
24th Feb 20206:01 pmRNSDirector/PDMR Shareholding
19th Feb 202012:07 pmRNSSecond Price Monitoring Extn
19th Feb 202012:02 pmRNSPrice Monitoring Extension
17th Feb 20207:00 amRNSPartial Divestment Update & LNG Strategy
3rd Feb 20205:02 pmRNSDirector/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.