First Independent Mena Newspaper
Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]
Sound Energy PLC has won regulatory approval from Moroccan authorities to take control of 75% interest in the Sidi Mokhtar onshore licenses. Sound Energy, the African and European focused upstream gas company, said in a statement that the deal consists of three onshore gas permits (the “Sidi Moktar Licenses”) covering 2,700 square kilometres in the […]
Morocco is on track to becoming a player in the gas market following the successful drilling of the Tendrara wells, east of the country, which are expected to be pumping gas by 2019, said Interfaxenergy.com, a news outlet specialising in gas market. The same source said that the UK-based explorer Sound Energy sees promising prospects […]
After making a significant gas discovery in Tendrara, North Eastern Morocco, Sound Energy has pressed on with its second well in the license area. Lying only 1.6 kilometers away from its first TE-6 gas well in Tendrara, Sound Energy announced that works have started on the second TE-7 well with aim of prospecting gas volumes, […]
Sound Energy has confirmed that it has made a significant gas discovery in Tendrara, North Eastern Morocco. Sound Energy, which is a member of London’s junior market, said in a statement that the discovery took place in the first Tendrara Well TE-6 drilled to a measured vertical depth of 2,665 meters. The gas discovery was […]