Share Name Share Symbol Market Type Share ISIN Share Description
Sound Energy LSE:SOU London Ordinary Share GB00B90XFF12 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.38p -1.01% 37.12p 36.80p 37.12p 37.62p 36.72p 37.50p 503,410 12:02:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -12.3 -4.3 - 390.84

Sound Energy Share Discussion Threads

Showing 38601 to 38622 of 38625 messages
Chat Pages: 1545  1544  1543  1542  1541  1540  1539  1538  1537  1536  1535  1534  Older
DateSubjectAuthorDiscuss
17/10/2018
18:43
Proactive investors Sound Energy shares in demand ahead new Morocco drill programme Share 11:53 16 Oct 2018 Sound is simultaneously advancing a field development project and a new wave of exploration oil and gas operations Drilling is set to start iimminently Rallying more than 20% in recent sessions Sound Energy PLC (LON:SOU) shares are in favour in the run-up to new drilling at the Tendrara project. Sound is advancing Tendrara on two fronts. It is working to develop already discovered gas resources towards production, whilst starting new exploration drilling to unearth new finds. Sound Energy seals new eight year deal for Tendrara exploration On Tuesday, the company received ministerial approval for an eight-year petroleum agreement for the Greater Tendrara project area. It confirms the security over the Greater Tendrara area which spans some 14,500 square kilometres and is 47.5% held by Sound, alongside partners Schlumberger and Morocco’s state oil and gas firm ONHYM which own 27.5% and 25% respectively. "I am delighted to announce receipt of approval from the Moroccan Energy and Finance Ministries for the Greater Tendrara petroleum agreement and that, as a result, the Greater Tendrara petroleum agreement has now become effective - securing Sound Energy's rights to this potentially transformational acreage up to 2026,” said James Parsons, Sound chief executive. “We look forward to commencement of our exploration drilling programme in the near future." The new agreement lines up a series of four commitment wells over the eight-year period. Sound's first new well, TE-9, is expected imminently and, targeting some 624bn cubic feet of gas in the mid-case (1.25trn in the high case), it promises “significant and potentially transformationalR21; potential. Pathway to production In a statement last week, Sound told investors that it continued to make ‘strong progress’ towards a gas sales agreement for the already discovered gas at Tendrara. It had been attending meetings with local officials to discuss the proposed development. The meetings followed the award of a production concession for the discovery which edged the project closer to a final investment decision. Sound, in its previous drilling programme, unearthed some … of gas, and, the envisaged development is expected to comprise five new horizontal wells along with the re-engineering of the TE-6 and TE-7 wells. The project would also require a gas treatment and compression facility, as well as a 120-kilometre pipeline. Presently, it is anticipated that first gas would come after around two years. Production volumes are projected at around 60mln cubic feet per day over a 10-year period in the ‘mid-case̵7; scenario, though some 10-13 additional production wells would be required over the coming years to maintain rates over the term. Sound will need to finalise the gas sales agreement and secure funding facilities before it can greenlight the development project. Plainly, there’s plenty going on for Sound over in Eastern Morocco so it should be no surprise that trading is picking up in one of London’s more popular oil and gas growth shares.
jacksonpollack
17/10/2018
15:11
MM2 Met him in Morocco last year on Sound trip He doesn't post so much on LSE either these days.
kazz
17/10/2018
14:09
Kass, how do you know for sure, he always put something on here now and again, to completely go is odd !!
mikemichael2
17/10/2018
10:46
RNS express leaving Morocco...
1westham
17/10/2018
09:49
Shymas on LSE posting as Soundboy.
kazz
17/10/2018
09:43
I think he is digging up new roads in heaven since The lord has waited long enough for fibre connection.
roddyb
17/10/2018
09:06
And a happy spud day to you too!
1westham
17/10/2018
08:51
well they timed that well typical stunt to make himself look good for his sychphantic followers I bet kirk and pals are creaming themselves just being on the same bus as their saviour how much as delaying this cost us
1smitty
17/10/2018
08:27
Shymas, now there's a blast from the past, what happened to him ???
mikemichael2
17/10/2018
08:22
The roller coaster has just departed the station. Either way it's going to be one hell of a ride.
ride daice
17/10/2018
08:12
We're here, it's happening and we're still alive! As Shymas always said, "Sound is going all the way" the real deal. GLA
1westham
17/10/2018
07:33
May the force be with them!
midasx
17/10/2018
07:07
And they're off at last 😀
steelwatch
16/10/2018
05:13
The first TE10 (complementing TE9) video: https://www.youtube.com/watch?v=GQVMrFLsdPM
manics
15/10/2018
21:29
NATURAL GAS 04 Oct 2018 | 14:35 UTC London Algeria, Morocco to hold talks on natural gas supply, transit deal post-2021: source Author Stuart Elliott Illies Sahar Editor Daniel Lalor Commodity Natural Gas London — Algeria and Morocco have agreed to begin talks over the future of Algerian gas supply to and gas transit via Morocco, an Algerian industry source said Thursday. The move came amid concerns Morocco could opt not to renew either part of the contract after it expires in 2021, the source said. Algeria last month started work building a new 200 kilometer pipeline that can divert gas away from the GME pipeline that ships Algerian gas via Morocco to Spain into its other Spanish export pipeline Medgaz after Moroccan authorities said they were undecided over whether to renew the supply and transit contract. "Algeria and Morocco have decided to start discussions for the renewal of the contract that will end in 2021," the Algerian industry source said. The decision was made after a meeting on Monday in Marrakech between Algerian energy minister Mustapha Guitouni and his Moroccan counterpart Aziz Rabbah. Morocco, which takes Algerian gas in lieu of payment for transit, has made significant gas finds in the east of the country in recent years, including finds by the UK-based exploration company Sound Energy. It is also looking to install an LNG import terminal, meaning it will have less need for Algerian gas. "The meetings that will be organized will determine the terms of the contract for the supply of Algerian gas to Morocco," the source said. The source added that the ministers were "very optimistic" regarding the prospect of further strengthening the partnerships between the two countries, particularly with regard to the supply of Morocco with Algerian gas. MEDGAZ EXPANSION The CEO of Algeria's state-owned Sonatrach said last month the company wanted to boost its gas exports to Spain to 10 Bcm/year through the expansion of the 8 Bcm/year Medgaz pipeline, while also maintaining supplies through the GME link via Morocco. Medgaz capacity could be expanded to 16 Bcm/year at a later stage, meaning all current exports to Spain could be carried by Medgaz alone. Algerian pipeline exports to Spain totaled 14.5 Bcm in 2017, according to data from S&P Global Platts Analytics.
jacksonpollack
15/10/2018
21:10
Very encouraging, finished on just about the high of the day with very good 3M volume.
midasx
15/10/2018
13:45
Just a thread for info found on the web to be posted rather than just chat and waffle. At least pi's and prospective pi's can see info on the company and or gas industry and make an informed decision on whether to invest or keep invested. Doesn't matter if it is old or new material. Any info is welcome as there maybe things pi's have missed or not seen before.
jacksonpollack
15/10/2018
09:54
The North Africa post. Will Morocco Start Marketing its Gas in two years? 0Energy, Headlines, MoroccoSeptember 8, 2018 A+A-EMAILPRINT Will Morocco start marketing its gas in two years? The answer is yes, according to local daily l’Economiste, which states that the potential is huge as forecasts put the volume at 60 million cubic feet per day over a minimum period of 10 years. Morocco’s gas potential is so important that it will soon be marketed, states the daily, which sets a 2-year period for starting the commercialization of the commodity. The Moroccan Ministry of Energy has just sealed with the UK-based Sound Energy company a new 8 year petroleum deal for the production and exploitation of gas discovered in Tendrara, in Eastern Morocco. The British operator will start marketing the discovered gas from that concession that covers a 133.5 km-surface area, the daily says, adding that the operator’s plan includes the drilling of 5 new horizontal development wells, in addition to the reconstruction of existing wells. The construction of gas processing and compression plants is also on the discussion table, in addition to the setting up of a 120km-long pipeline between the future Tendrara station and the delivery point, L’Economiste adds. Regarding the crucial phase of production and marketing, the daily talks about 60 million cubic feet a day for a minimum of 10 years. During that period, 10 to 13 wells will be drilled to maintain this rate of production. In June, Sound Energy announced plans to build a gas plant and a pipeline to commercialize gas it discovered in eastern Morocco. The company has set up a consortium comprising Enagas, Elecnor and Fomento for the engineering, design, construction and financing of the entire infrastructure required for this ambitious project. Morocco imports about 95 percent of its energy needs. For foreign firms, the country represents a stable frontier in North Africa that is poised to be on the international gas map in the years to come.
jacksonpollack
15/10/2018
09:04
Morocco gazette Russia’s Gazprom, Novatek Show Interest in Morocco’s Natural Gas-Morocco 10 Oct 2018 Rabat – Russian companies Gazprom, Novatek, and Stroytransgaz are examining their options to invest in natural gas projects in Morocco. The Russian trio of companies “are studying the possibility of co-investing in the construction of logistics facilities as well as development of gas infrastructure in Morocco’s industrial zones,” Russian Minister of Agriculture Dmitry Patrushev told Russian news agency Sputnik on October 4. Russian companies are also interested in creating joint Russian-Moroccan companies operating in “mechanical engineering, electrical appliances, and lubricants,” Patrushev added. Morocco’s energy minister, Aziz Rebbah, announced on October 1 that 80 companies are currently interested in taking on a liquefied natural gas (LNG) project, which is worth $4.5 billion and will soon be put to tender. The LNG project will be established in Jorf Lasfar, 120 kilometers south of Casablanca. The Russian minister also indicated that there are “promising areas for economic cooperation between Russia and Morocco,” including transport, energy, and trade. Morocco and Russia will soon sign a draft agreement on international road transportation, he added. Last year, Russian Minister of Energy Alexander Novak spoke to Russian news agency TASS about Russian companies’ interest in gasification projects in Morocco. “Russian companies Gazprom and Novatek are ready to participate in big projects in Morocco, such as construction of regasification terminal, gas pipeline, and generating capacities,” Novak told TASS, on September 21, 2017. The two Russian companies “are ready to participate in this large-scale project. Talks are underway on supplies of liquefied natural gas, particularly from Russian projects Yamal-LNG and Arctic LNG,” he added. “We are ready to supply LNG, construct gas pipeline and terminal.” Growing agriculture trade between Morocco and Russia Russian and Moroccan officials have met early this month to discuss business cooperation between the two countries, especially increasing Morocco’s export of agricultural products. Speaking at a business breakfast devoted to strengthening trade and economic relations between Morocco and Russia, Morocco’s minister of agriculture said that agricultural products represent 77 percent of Moroccan export to Russia, estimated at MAD 1.5 billion. During the meeting, Russian Minister Patrushev stated that the volume of bilateral trade in agricultural products and food has increased. “Since the beginning of this year, it has amounted to more than $ 300 million, which is more than 16 percent from last year,” Patrushev added. He also noted “the agricultural trade between Russia and Morocco will grow to $ 500 million.” The total trade turnover between Morocco and Russia amounted to about $900 million, January to July, up 20 percent compared to the same period last year. Exports from Russia to Morocco account for more than $550 million, according to Patrushev. The meeting was held as part of a mission to Morocco by the Russian Export Centre (REC) group of companies, carried out on the occasion of the seventh Moroccan-Russian Joint Intergovernmental Commission for Economic, Scientific, and Technical Cooperation. moroccoworldnews
jacksonpollack
15/10/2018
09:00
Yes Ros, cannot wait for the first drill! Pint later?
1westham
15/10/2018
08:42
Oilreview.me. Sound Energy wins production concession for Moroccan gas field Print Email Created: Tuesday, 11 September 2018 06:06 The Moroccan Ministry of Energy has awarded Sound Energy, the Morocco-focused upstream gas company, a production concession relating to the Tendrara gas discovery in the eastern province of the country Morocco gas 11The company continues to make excellent progress on all fronts including FEED, the gas sales agreement and ground works at TE-9. (Image source: dbchandler/Pixabay) The production concession award covers an area of 133.5 sq Km and follows an application by the company and its partners in June 2018. The field development plan underpinning this award includes: – The drilling, pre-first gas, of up to five new horizontal development wells, in addition to completion of the existing TE-6 and TE-7 wells. – The construction of a gas treatment plant and compression station (CPF) and a 120 km 20-inch Tendrara Gas Export Pipeline (TGEP) connecting the CPF and the delivery point to the Gazoduc Maghreb Europe pipeline. As already announced, front-end engineering and design (FEED) is underway for both the CPF and TGEP. – The achievement of first gas in approximately two years at an expected mid case production rate of around 60mn scf per day over a minimum period of 10 years during which it is currently estimated, subject to optimisation of drilling plans, that an additional 10 to 13 wells will be drilled to maintain this production rate. The Company expects to be in a position to take final investment decision on the Tendrara development once important development milestones have been secured including a gas sales agreement, FEED development capital funding and local regulatory administrative formalities. In June 2018, Sound Energy signed heads of terms with a consortium comprising Enagas, Elecnor and Fomento for the FEED and conditional construction and financing of all the infrastructure required including the TGEP and CPF under a 'build-own-operate-transfer' structure.
jacksonpollack
15/10/2018
08:36
Gas and oil is the way to go. By Satish Kanady I The Peninsula DOHA: The Mena region will see a number of critical energy projects pushed through over the next five years. Around $345bn has already been committed to projects under execution while an additional $574bn worth of development is planned. The Mena Energy Industry Investment Outlook released by The Arab Petroleum Investments Corporation (Apicorp) at the just-concluded 11th Arab Energy Conference being held in Marrakech, Morocco, forecasts that with Qatar lifting the North Field moratorium, the country is poised for higher investments in gas development. “The majority of Qatar’s investments have come into fruition, and with the lifting of the moratorium recently, we expect higher investments in gas development as the country plans to double the size of its planned expansion, increasing LNG capacity to 100m t/y by the end of the outlook or shortly after,” the Apicorp report, presented by its Chief Executive Officer Dr Attiga Ali Attiga (pictured), noted. Qatar has ambitious plans to invest in further oil and gas development, particularly the redevelopment of the Bul Hanine which is expected to more than double its existing capacity. Current committed investments in the energy sector amount to around $13bn. Among the projects coming on line within Apicorp’s outlook include the Barzan gas field. The power sector accounts for the largest share of investments in the region, at $187bn. The oil and gas sectors will represent $169bn and $150bn, respectively, with the remaining investments in petrochemicals. Projects under study represent by far the largest portion of planned investments, at $251bn. Contracts under design and EPC phases are more likely to materialise in the medium term. Projects under contract bid amount to $92bn, while those under design reach $86bn. Planned projects for the GCC countries, barring Qatar, will reach $57bn. Oman’s planned projects are focused on the downstream and petrochemicals sectors. One of the largest projects is the Duqm petrochemicals complex, which is expected to see a large portion of its $9bn budget invested over the next five years. Total committed gas and power investments are approximately $106bn and $95bn respectively, followed by chemicals at $14bn. The GCC represents $171bn in committed investments, approximately 50 percent of the Mena total. Iran leads the region with an estimated $67bn, mostly focused on the oil and gas sector. The country has prioritised the development of phase 12 of the South Pars gas field, where around $10bn will be invested over the outlook period. In upstream oil, the focus will be on the West Karun oil fields, particularly South Yaran and South Azadegan, which will contribute further to Iran’s short-term output-capacity growth. In the downstream, the Siraf refinery project, with a budget of $2.4bn, will increase capacity by up to 480k b/d. Second is Iraq, at $47bn. Oil investments account for $27bn with the ENI-led Zubair and the PetroChina-led Halfaya, two of the largest upstream development projects in the country. In downstream, the country has several projects under execution to boost refining capacity and reduce the import bill, with the Maysan and Faw refinery amongt the major projects.
jacksonpollack
Chat Pages: 1545  1544  1543  1542  1541  1540  1539  1538  1537  1536  1535  1534  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20181018 11:48:01