Sound Energy to buy hydrocarbon assets in eastern Morocco
19th Jan 2017 08:40
(ShareCast News) - Gas firm Sound Energy is to buy Oil & Gas Investment Fund's (OGIF) hydrocarbon assets in eastern Morocco in exchange for 272m shares in the company, subject to shareholder approval. The acquisition will see the company buy a further 20% stake in the Tendrara site taking its total
Read moreSound Energy completes ground work at Badile
5th Jan 2017 09:01
(ShareCast News) - Africa and Europe-focused upstream gas company Sound Energy updated the market on its Badile project on Thursday, confirming that ground works at the well site were now complete. The AIM-traded firm also said the conductor pipe was set last week, and the 3000 HP EMSCO C3 rig - own
Read moreDirectors dealings: Sound Energy boss, non-exec pick up shares
16th Dec 2016 16:21
(ShareCast News) - Sound Energy's boss, James Parsons, added to his stake in the Africa and Europe-focused upstream gas outfit. Parsons made off with 44,522 shares in the company at an indiviual price of 67.37p on 16 December, the company said in a statement. The total value of the transaction was
Read moreSound Energy makes more progress at Tendrara
15th Dec 2016 09:16
(ShareCast News) - Africa and Europe-focused upstream gas company Sound Energy updated the market on its Tendrara licence, onshore Morocco, on Thursday. The AIM-traded firm said that, further to its announcement on 24 November, it has retrieved the TE-7 bottom hole memory gauges following the open h
Read moreSound Energy reports better-than-expected flows at Tendrara
2nd Nov 2016 16:00
(ShareCast News) - Europe and Africa-focused upstream gas company Sound Energy updated the market on Wednesday in relation to TE-7, its second well at the Tendrara licence area, onshore Eastern Morocco. The AIM-traded firm had announced on 7 October that the well had been drilled to a total measured
Read moreSound Energy drills new Tendrara hole to almost 3,500 metres
7th Oct 2016 08:24
(ShareCast News) - Europe and Africa-focused upstream gas company Sound Energy announced on Friday that TE-7, the second well at its Tendrara licence, onshore Morocco, has now been successfully drilled to total measured depth of 3,459 metres corresponding to a vertical depth of 2,611 metres. The AIM
Read moreSound Energy revises acquisition agreement with PetroMaroc
23rd Sep 2016 11:07
(ShareCast News) - Mediterranean and African-focused upstream company Sound Energy updated the market on Friday, on its March agreement with PetroMaroc Corporation for the acquisition of a 50% operated interest in three onshore gas permits located in Morocco - the Sidi Moktar Licences. The AIM-tr
Read moreSound Energy begins civil works in northern Italy
20th Sep 2016 10:58
(ShareCast News) - Europe and Africa-focused upstream company Sound Energy confirmed the commencement of civil works at the Badile exploration well site, onshore Northern Italy, on Tuesday. The AIM-traded firm said the rig is expected to be mobilised during Q4 2016 with a view to drilling commencing
Read moreSound Energy shares slide despite positive progress
15th Sep 2016 10:35
(ShareCast News) - Europe and Africa-focused upstream oil and gas company Sound Energy announced its unaudited half year report for the six months to 30 June on Thursday - a period in which it made a significant onshore Morocco gas discovery with the potential for a multi Tcf connected gas field, at
Read moreSound Energy starts second well at Tendrara
26th Aug 2016 12:21
(ShareCast News) - Sound Energy has begun a three-phase drill programme of a second well at Tendrara, onshore Morocco. This followed the success of well TE-6. The latest well, TE-7, was spudded on 25 August. "The well objectives of TE-7 include proving sufficient gas volumes and well deliverability
Read moreSound Energy confirms significant gas discovery at Tendrara
8th Aug 2016 08:10
(ShareCast News) - Sound Energy has confirmed a significant gas discovery and a potential single gas column at its Tendrara licence, onshore Morocco. The company had already announced that the first Tendrara well, TE-6- was drilled to a measured vertical depth of 2,665 metres, and encountered the to
Read moreDevelopments at Tendrara lead to rise in Sound Energy shares
18th Jul 2016 16:31
(ShareCast News) - Following its recent share price increase, Europe and Mediterranean focused upstream gas company Sound Energy was forced to update the market on developments at its Tendrara licence on Monday. The AIM-traded firm said it was continuing with rigless operations and, having now secur
Read moreSound Energy announces potentially very material success at Tendrara
11th Jul 2016 15:14
(ShareCast News) - Sound Oil gave investors a reason to cheer at the start of the week as company boss James Parsons announced an "early and potentially very material success" at one of the oil and gas explorer´s three strategic plays. Parsons announced that rigless operations continued at the recen
Read moreSound Energy starts drilling on Moroccan well
21st Apr 2016 11:20
(ShareCast News) - European/Mediterranean focused upstream oil and gas company Sound Energy said it had started drilling of the first well at Tendrara, onshore Morocco. Sound said the well was spud on 20 April and drilling was expected to reach a total measured depth of 2640 metres. The final result
Read moreBig rig heading for Sound Energy at Tendrara
26th Feb 2016 14:09
(ShareCast News) - Mediterranean-focused upstream gas company Sound Energy announced its National 110 UE traditional rig was on the move on Friday, ahead of the upcoming first well at its Tendrara licence area, onshore Morocco. The AIM-traded company said the rig had been mobilised from Mauritiana,
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