The Sound Energy effect is a game-changer for Independent Resources - broker
“In our opinion, this is a game-changer for IRG," says stockbroker WH Ireland.
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 execs parachute into IRG ahead of re-launch as ‘Echo Energy’
Echo Energy, the apparent 'next Sound', will have a management team and financial backers in common - and they're both focussed on North Africa and the Mediterranean.
FTSE 100 stocks dragged lower by miners and copper price drop shock
The FTSE 100 was down 32 points to 7,342 shortly after 3.15pm on Monday
Further reaction to this week's news boosts Wey Education and Rosslyn Data Technologies
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
Gas exploration specialist Sound Energy making rapid progress with latest Morocco well
TE-8 has now reached the second casing point in the Triassic Basalt at 2,076 metres just 10 days after drilling began. (Scroll down to see what Capital Markets analyst Lionel Therond has to say on Sound).
FTSE shares end flat, give back record peaks, except Vesuvius
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
Several share price catalysts are coming up for Sound Energy - Capital Network
The first of Sound Energy’s new potential catalysts, the results from the Tendrara-8 well, is just around the corner.
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Proactive weekly oil news - Sound Energy, GKP, Diversified Gas & Oil and more
A review of the week's small cap oil and gas news...
Premier Oil moves to reassure over refinancing amid share price weakness
Some of the largest rises and falls in London at 1pm: Baron OIl, Atlantis Resources, OneView
Sound Energy making rapid progress with latest Morocco well
Work began Sunday and is likely to take 40-50 days to complete with drilling going down to a vertical depth of 2,975 metres.
FTSE 100 ends lower on the week as loss-making RBS drags ticker south
London’s FTSE 100 ended lower on Friday, dragged lower by heavyweight loser RBS after it reported a ninth straight year of losses
EQTEC steps on gas as parent converts loan
Some of the largest rises and falls in London at 3.15pm: EQTEC, Goldplat, Feedback
Sound Energy well will test lateral extent of Morocco gas as well as tapping deeper-lying formation
TE-8 will be around 12 kilometres from the last successful hole and is what’s called a step out well because it will test the lateral extent of gas that has been discovered in the TAGI reservoir.
Investments and investor services
FTSE closes flat as Unilever holds market back
The FTSE 100 ended flat on Monday as Unilever shares sank in the wake of Kraft Heinz saying it had abandoned its proposed merger which would have been one of the biggest in corporate history
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Proactive news summary: Keywords confirms sparkling 2016
Also featured: Allergy Therapeutics, DP Poland, Eckoh, Harvest Minerals, Metal Tiger, Scotgold Resources, Sound Energy
Sound Energy contractor receives shares for work on Italy exploration well
Badile, in Italy’s Piedmont Lombard Basin region, is being drilled as an exploration well.
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Proactive news highlights: featuring Fox Marble, Hurricane Energy, Be Heard and more…
Breakthrough deal in India for Fox Marble; Hurricane Energy’s 300mln barrel estimate for Lancaster field is deemed “too conservative”; and Be Heard moves into analytics with £1.7mln purchase
Sound Energy prepares to start TE-8 drilling
Ground works at the TE-8 location are now complete, the rig is moving from the TE-7 site, and it is expected to ‘rig up’ by mid-February.
All eyes on Sound Energy as the next well can confirm a huge discovery
'They’ve probably got half a trillion cubic feet of gas in the basket, so far,' according to Malcolm Graham Wood, and the upcoming TE-8 well has the potential to unearth an awful lot more.