Sound Energy PLC (LON:SOU) has received approval for its environmental impact assessment (EIA) at its Sidi Moktar permits in Morocco.
The AIM-listed gas firm said approval of the EIA is “an important step in the local permitting process” and will allow it to continue preparations for an upcoming 2D seismic acquisition campaign at the site, which covers around 4,712 square kilometres.
In mid-afternoon trading on Tuesday, the shares were 1.1% higher at 3.5p.