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Sound Energy

Contacts

Sound Energy
1st Floor, 4 Pembroke Road
Sevenoaks TN13 1XR
United Kingdom

Tel: +44 (0)1732 606030
info@soundenergyplc.com

Sound Energy Morocco
8 Angle Rue Euginia et Avenue Mehdi Ben Barka
2ème étage Bureau 2, Hay Ryad
Rabat 10100, Morocco

Tel:

Description

Sound Energy is an African focused upstream Company, listed on AIM (LSE:SOU), with a supportive investor base, a strategic partnership with Schlumberger and a balanced and evolving portfolio.

The Company are growing counter-cyclically, delivering value through the drill bit with a potential multi Tcf discovery at Tendrara (Eastern Morocco) and have a bold growth agenda with Sidi Moktar (Morocco).

In September 3017, Sound Energy completed the acquisition of the interests of Oil & Gas Investment Fund S.A. ("OGIF") in Eastern Morocco following receipt of final approvals in relation to the Anoual and Tendrara licence areas.

As a result, the Company now holds:

  • An operated 75% position, of which 27.5% is shared with Schlumberger resulting in a net 47.5% position for the Company, in the Tendrara petroleum agreement; and
  • An operated 75% position, of which 27.5% is shared with Schlumberger resulting in a net 47.5% position for the Company, in the Anoual petroleum agreement (formely the Meridja reconnaissance area); and
  • An operated 75% position, of which 27.5% is shared with Schlumberger resulting in a net 47.5% position for the Company, in the Mararka reconnaissance exploration licence (covering the previously relinquished Tendrara acreage).

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