Sound Energy: Broker welcomes inherently good pressure news
WH Ireland’s Brendan Long, said: “this is an excellent pressure response and reflects the productivity of the well"
Company
Sound Energy PLC
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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Sound Energy confirms Tendrara development concept is intact
New pressure readings show a "very strong" recovery following this year's earlier TE-7 production testing, and the company now expects to roll-out a development of horizontal wells similar to TE-7
Investments and investor services
FTSE 100 finishes over 40 points ahead with housebuilders in support
The blue chip index closed up 40.69 at 7,430 on the day
Is Sound Energy share price now near ‘maximum opportunity’?
The exploration stock is a favourite for private investors, but, it has been on the back foot, down about 40% in the past two weeks.
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Sound Energy directors buy as share price weakness continues
Sound shares are down almost 40% in the past week, down from around 76p on Friday.
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Sound Energy reports success in Koba-1 gas well in Morocco
The AIM-quoted firm has been quick to change the subject after Monday's exploration disappointment in Italy.
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Sound Energy may seek Italy exit in wake of disappointing well - analyst
Cantor analyst Sam Wahab reckons Sound Energy’s future will be in Morocco.
Sound Energy’s Italian job has disappointed but that shouldn’t blow the AIM stock off a cliff
Badile had for a long time been seen as the primary value catalyst for Sound, but that was before the AIM-quoted explorer succeeded with the Tendrara asset.
Sound Energy's sharp drop is "probably overdone" says oil stocks expert
“Today’s 20% odd fall in the shares probably reflects sky-high ambitions, but with Sidi Moktar still drilling may represent a buying opportunity for the wise.”
Sound Energy says Badile gas find is likely to be sub-commercial
“The likely sub-commercial volumes at Badile are of course a disappointment,” said James Parsons.
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Sound Energy's Sidi Moktar drilling has two shots at a big target reckons Graham -Wood
if the wells are successful at the deeper levels it would be 'really good' news for the oil and gas explorer,
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