Sound Energy launches farm-out process for Sidi Moktar onshore gas project
It is expected that the farm-out will help fund the planned 2018 work programme at Sidi Moktar
Company
LON:SOU
Sound Energy PLC is a transition energy focused business. The company's Micro LNG project aims to bring much-needed gas supply to Morocco, reducing the reliance on imported LPG, and playing an important role in the transition to lower carbon energy sources. Gas is also planned to be sold to local power stations via pipeline links, and surplus gas may be sold into the Greater Middle East, displacing the reliance on coal.
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It is expected that the farm-out will help fund the planned 2018 work programme at Sidi Moktar
The UK's index of leading shares finished down around 54 points at 7,686 on Tuesday.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Monday
The oil and gas explorer said the CPR had confirmed preliminary results for the A1 prospect, which had registered between 278bn cubic feet and 1.25trn cubic feet of gas
Investments and investor services
In the currency market, sterling was down 0.48% against the Euro, while it lost 0.28% against the US dollar.
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A glance at some of the day's highlights from the Proactive Investors newswire
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Well updates, executive interviews and financial results statements provided this week's highlights.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Thursday
The new competent persons report confirms the very significant potential remaining at Tendrara in the wake of Sound's recent successes
Sound Energy has been promoting its 'Access all areas' day over social media, sharing images and insights with investors.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
Nearly 26% of Coro Energy will be handed out to Sound Energy shareholders to hold directly
The UK blue chip share index finished around 11 points higher at 7,194
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Thursday
Production is targeted for later this year, meanwhile, further exploration and appraisal is planned