Sound Energy Share Discussion Threads

[rwells4474] 08/5/2019 08:10

11% up at the moment

[mikemichael2] 08/5/2019 08:08

Get in quick Manic, you might get some of your massive losses back!!!

[mikemichael2] 08/5/2019 08:03

Stand by for lift off!!!

[manics] 08/5/2019 07:51

It's easy to say this shows up the naivety of Team Parsons in that they seriously think results like this are going to motivate:

Shell dilution by 5% to acquire Sound (£10b Vs. £203bn market cap)
Repsol dilution by 50% to acquire Sound (£10bn Vs. £20bn market cap)
Total dilution by 9% to acquire Sound (£10bn Vs. £115bn market cap)

..perhaps as naive as their shareholder base?! -but then you remember that at least Parsons has dumped enough of his holdings to matter, and that sets him apart imo.

[manics] 08/5/2019 07:48

6m down -I'd speculate they hit decomposing gasses from the rotting carcasses of the hashtags they tried to bury last week imo!

[ohdearohdearohdear] 08/5/2019 07:38

Enjoy your day guys. I know I will :-)

Will check in here tomorrow. My time is far too precious to spend all day on here.

[manics] 08/5/2019 07:38

Everything will be enormously valuable and potentially massive until you wake up one day and it isn't.

Missing rates tell you everything imo. Remember: this well was supposed to be so strong that Repsol were going to dilute by 50% to buy out SOU equity at £10 per share, amirite guys?

RNS's like this won't get you anywhere near 200p let alone 1000p imo.

Same ol' same ol'

"might"
"maybe"
"could"

I say "won't"!

[manics] 08/5/2019 07:33

TE8 all over again imo. Like a Virgin Balloon experience here this morning -full of hot air!

[ngms27] 08/5/2019 07:24

That's really really bad news. Only the top 6m section has flowed conventionally and they haven't published the rates suggesting it dribbled.TE10 is now at risk of being non commercial.

[ohdearohdearohdear] 08/5/2019 07:19

Lovely. But no more than those of us who are smarter than the average bear knew ;-)

Start of the rise towards 200p :-)

[steelwatch] 08/5/2019 07:19

Thank you rwells. Phone squawking just woke me up with the news. Looks hopeful.

[rwells4474] 08/5/2019 07:04

RNS Number : 2943YSound Energy PLC08 May 2019 8 May 2019 Sound Energy plc("Sound Energy" or the "Company") Operational Update : Eastern Morocco Sound Energy ("the Company"), the Moroccan focused upstream gas company, provides an update on its on-going exploration progamme. TE-10 Well Test: Gas to Surface Pre Stimulation The Company previously announced a discovery, and a planned stimulated well test, at TE-10, the second well in Sound Energy's current three well exploration programme in the Greater Tendrara area, onshore Morocco. The test programme involves rig-less re-entry of the TE-10 well in the TAGI reservoir, and both unstimulated and stimulated flow tests on multiple intervals. The Company confirms that the initial phase of the test programme - the unstimulated test - has now been largely completed, over a gross interval of 158m between measured depths ("MD") of 1932 and 2090 metres MD in the TAGI. Interpretation of these tests is continuing. The Company is delighted to report that it has secured hydrocarbon gas to surface (C1 to C5 composition) from within the primary shallow zone, a section of which was perforated from 1932 to 1938 metres MD. This has been achieved without stimulation or artificial lift. The next step in the operation will be to mechanically stimulate the most prospective zones, in order to seek to establish potentially commercial flow rates of gas. As previously communicated, based on the Company's assessment of the reservoir section, a stimulated flow rate of approximately 1.5 mmscf/d to 2mmscf/d, is likely to be commercial (as a tie-back development to the TE-5 Horst existing discovery). Award of Environmental Impact Assessment ("EIA") The Company is pleased to confirm the successful conclusion and award by the Moroccan authorities of an EIA for future drilling activities. The EIA covers approximately 9,400 square kilometres in the northern region of the Greater Tendrara permit and the majority of the Anoual permit. The relatively large size of this EIA is designed to give the Company maximum flexibility in selection of future wells in the acreage including the forthcoming TE-11 exploration well and further future drilling locations.

[1westham] 07/5/2019 17:52

Nurse he's out of bed again!

[manics] 07/5/2019 16:42

I don't think so because my posts would get removed on LSE!ADVFN belongs to me imo, as I did insist on and will insist on through to TE10.

[copestake] 07/5/2019 15:44

Hard to swallow pill.. No one is impressed by a high post count, you're not winding anyone up & no ones going to sell based off what you say. You'd have more success on LSE *gentle nudge in that direction*

[manics] 07/5/2019 14:34

Lot of red today guys, not just SOU. Give it the week though GSA momentum appears a non starter imo.

[manics] 07/5/2019 08:09

Executive pay news. SOU witnessed a doubling of salary noted within the recent annual report; a period where the share price cratered to 11p:

Shareholders 'not stopping excessive executive pay'

[copestake] 07/5/2019 07:49

That's soon come round ?

[oldsnrtom] 04/5/2019 18:01

BT here 👋 James Parsons just made his £10 million pound mark from this share and the rest.

5p incoming as i said at 99p

He wants £20 million before Sound delists.

Don't worry a few yrs to go


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[oldsnrtom] 04/5/2019 17:59

Exciting news in!!!

[manics] 03/5/2019 17:49

Still in the teens guys, cheering lower lows, the lot of the bagholder!

Nah but come on -a decent enough rise into the bank holiday. Have a good one all!

[copestake] 03/5/2019 16:55

The optimism is growing. Have a good weekend all. Up bright and early Tuesday.

[rwells4474] 03/5/2019 16:32

Manics bet your gutted it's up

[mikemichael2] 03/5/2019 16:21

Bottom gone, on it's way back over 20p now.

Never mind Manic