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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"Our priority so far this year has been the de-risking in Eastern Morocco of both our existing discovery and our significant exploration potential,” Parsons said in the results statement
It was another busy week in the junior oil and gas sector.
A look at some of the London market's biggest risers and fallers on Thursday
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
It is described by chief executive James Parsons as a critical step in commercialising the Tendrara gas discovery
Investments and investor services
The UK blue chip index was about 10 points lower at 7,373, above the session low of 7,357.09 but below the morning peak of 7,397.74
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 Friday
"I am delighted to announce that we have contractually secured our rights on this potentially transformational acreage up to 2026”
European benchmarks also took a big hit, while on Wall Street, the Dow Jones Industrial Average is down around 80 points
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The explorer continues to build its understanding of its lead projects in Eastern Morocco where the next phase promises further 'high impact' possibilities
It was a busy summer's week for the oil and gas sector, after a couple of weeks of lighter newsflow.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at the day's big share price movements, including Mincon Group, TomCo, Chemring, Echo Energy, Paddy Power, BAE Systems, Ocean Wilsons and Fusion Antibodies
The well pad is presently under construction and the rig is now on the way
The UK benchmark of leading shares closed down over 24 points at 7,642.
London's two largest oilers led a busy week, but, there was plenty small cap news too.
Archive
A look at some of the biggest risers and fallers in London on Tuesday
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
