Sound Energy ready for Badile approval in May
In one of Thursday’s two quick fire statements the company told investors that the final approval meeting was complete, and a decision on the proposed Badile well would be in the post next month.
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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Proactive oil news highlights, including Providence Resources, Andes Energia, Northcote Energy and 88Energy
The week ended with Alaska- focused 88 Energy ltd confirming it is currently looking to raise between £5.43mln (A$10mln) and £8.14mln (A$15mln).
Sound Energy spuds first well at Tendrara
Final results will be announced after the end of drilling and testing operations, approximately 80 days after the spud day.
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Oil & Gas Highlights: Oilex, Aminex Solo Oil, 88 Energy, San Leon Energy, Victoria Oil & Gas
Oilex shares almost doubled on Friday, 88 Energy in focus after 'billion barrel' estimates, and of course there were many other notable stories.
Sound Energy PLC gets US$1.1mln cash boost from old asset
The payment was triggered by a clause in the prior sales agreement for the Bangkanai licence in Indonesia, where operational milestones have now been reached.
Oil & Gas highlights Falcon, Providence, Petroceltic, Gulf Keystone, UK Oil & Gas, Sound Energy, USOP, Andes Energia, Magnolia Petroleum, Northcote Energy
Falcon Oil & Gas is at the advanced stage of preparing for a new drill programme in Australia.
Sound Energy is now unrecognisable as its ‘simple’ plan continues to pay-off
Sound Energy Plc's latest deal in its evolution, as it continues to focus on assets that can be quickly developed to gas production.
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Proactive news summary: EG solutions PLC, Sound Energy PLC and more...
Magnolia petroleum updates on new wells, Sound Energy confirms new acquisition and EG Solutions face a partner bankruptcy.
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Proactive news summary: 88 Energy, Amara Mining, NetScientific and more...
Quartix ahead of expectations, Sound Energy knocks €0.5mln off the cost of its project in Italy and good news for 88 Energy.
Sound Energy secures rig for Badile well
Sound signed the MOU with Pergemina for the 3000 HP EMSCO C3 No.29 rig, which is already in Italy.
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Proactive news summary: Avation, Petroceltic, Photo-Me, Sound Energy and more...
A 'deeply insulting' takeover for Petroceltic, ministry approval for North River and Japanese success for Photo-Me.
Sound Energy gearing up to start drilling at Tendrara
The Moroccan National Environmental Committee has now given its approval for two wells, and the rig is on its way to the site.
Sound Energy is in an excellent position, FinnCap says
Finncap has repeated a ‘buy’ recommendation, with a 32p price target.
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Proactive news summary: Windar Photonics, 88 Energy, Metal Tiger, Egdon Resources and more.
Everything appears to being going to plan for 88 Energy in Alaska...
FTSE 100 ends Monday 116 points higher
The FTSE 100 closed out Monday at 5,824, some 116 points or 2% higher, as attentions remained on London.
Investments and investor services
Footsie gains as stimulus hopes lift Japanese stocks
The FTSE 100 Index gained 93 points to 5801 as the Nikkei closed more than 1,000 points ahead