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Sound Energy advancing exploration efforts in eastern Morocco

Proactive Investors oil and gas correspondent Jamie Ashcroft reports on Sound Energy PLC's (LON:SOU) plans for a three-well Morocco drill programme.

The programme will address three independent and ‘high potential’ targets.

Drilling of the first well, TE-9, is slated to kick off in July.

Quick facts: Sound Energy PLC

Price: 2.8525 GBX

AIM:SOU
Market: AIM
Market Cap: £30.8 m
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Investor Update: Sound Energy agrees deal to sell stake in East Morocco

Headlines from the Proactive UK newsroom. Sound Energy (LON:SOU) has signed a preliminary agreement to sell just over half its stake in its Tendrara licences in East Morocco for US$113mln. The consideration is US$54mln cash and the rest is a carry for future capital...

on 6/11/19

2 min read