Sound Energy Share Discussion Threads

[rwells4474] 14/5/2019 07:04

TIDMSOURNS Number : 8906YSound Energy PLC14 May 201914 May 2019Sound Energy plc("Sound Energy" or the "Company")Board ChangeSound Energy, the Moroccan focused upstream gas company, announces that David Clarkson, a non-executive director of the Company, has informed the Company of his intention to step down from the Board after completion of the Company's ongoing operational programme in Eastern Morocco, which is expected to complete towards the end of H1 2019.He will remain on the Board, to assist the Company during the transitional period around the appointment of a new non-executive director, until 13 August 2019.The Company has commenced the process of identifying a new independent non-executive director and anticipates making an announcement shortly.For further information please contact:

[manics] 13/5/2019 16:41

Retains the 20.XX UT for two consecutive sessions. Not bad as broader markets implode imo.

[manics] 13/5/2019 09:33

Yep, two sides of a coin.

As said back when we thought we were testing (but were, unbeknownst to us, waiting for coiled tubing): sun's out, heavy duty perforating guns out.

[copestake] 13/5/2019 09:24

I'd be worried about being caught short imo

[manics] 13/5/2019 08:15

How many sessions remaining, in this clearly incredibly thin market ...15? 20?

Watch out imo. Market size a paltry £4k, so very easy to get stuck.

[1westham] 10/5/2019 21:55

There's always that Tel. The alternative is reading Billy no mates updated 4 x daily blog,updated daily from staring into his ladyboys tights.

Have a great weekend all!

Just around the corner or as some would say "grown up news arriving"

[manics] 10/5/2019 17:05

The Friday UT saves the blushes! First 20.XX UT for a short while. Have a good one all.

[telbap] 10/5/2019 15:30

Looks like old malcy blog has given you guys a 5% boost......exciting times ahead for you according to him....as he fold JPs cheque into his top pocket!

[manics] 10/5/2019 12:28

I wonder how much his monthly retainer is from SOU? Not as much as it once was potentially.

[napoleon 14th] 10/5/2019 11:31

Malcy, May 8th........
In an Eastern Morocco update today Sound has confirmed previous announcements that they would perform unstimulated and stimulated flow tests on multiple intervals in the TAGI reservoir. The unstimulated test is now largely complete over a gross interval of 158m in the TAGI and the company is ‘delightedR17; to report that it has secured hydrocarbon gas to surface from the primary shallow zone 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. Given what the company has already told the market regarding its assessment of the reservoir section a stimulated flow rate of approximately 1.5 mmscf/d to 2 mmscf/d is likely to be commercial and would be tied back to TE-5.

Sound also announced that it has been awarded an EIA for future drilling in the Greater Tendrara permit and the majority of the Anoual permit covering some 9,400 km², this is a large amount of acreage and gives Sound maximum flexibility in selecting sites for not only TE-11 but other drilling locations. Exciting times indeed for the company in Morocco.

[manics] 10/5/2019 10:31

Copestake: That'd be one way to put it though according to this BB I'm already short, with my livelihood attached to a falling share price (paid evil mm deramper, or Repsol funded to get your shares 'cheap').

Good luck in the weeks ahead.

[copestake] 10/5/2019 10:18

So simply put you aren't prepared to put your money where your mouth is. For what it's worth I won't be gloating if TE10 is a success and if it's not commercial I'll donate £100 to Men United in thought of Steelwatch.

[manics] 10/5/2019 09:15

Thank you for the offer though I just cannot do that.

There will always be outliers at either end of the spectrum (where you may well place to the positive) though you're part of a collective that has shown itself to be not a very nice group of people at all.

Attempted betting, in likeness to MidasX's reporting of posts as slander (which he really tried to get behind, bless him), is just another BB hallmark of a dying equity imo.

One of us will be laughing our asses off in a few weeks -that'll do.

[copestake] 10/5/2019 08:44

Fancy a little charitable wager on TE10 commerciality Manics?

[manics] 10/5/2019 08:20

So today we can say:

OPEN INVESTOR LETTER + SOUND FUNDED RESEARCH NOTES
=200% hype beast mega gain!!

GSA BIG REVEAL AND FUNDAMENTAL TE10 UPDATE
=measly 1.2p on the price, which it's slowly giving back

I don't think this was in the plan, guys. Buyers paying billions want something real, something tangible, not guff and hype imo.

[manics] 09/5/2019 16:39

Not a great UT tonight, guys.

Initial excitement from the amateurs as I did forecast (so good and true), but you can't kid the market imo.

[manics] 09/5/2019 13:04

That has indeed happened imo -including one instance when a poster on LSE claimed TE9 insider info. RNS within half an hour, iirc.

I can go on a BP BB and claim their safety process remains dire imo, they ain't gunna RNS on it. So when does this grown-up context step in at SOU?

On one hand we're a "grown up company" prepping for a sale in the billions, on the other we're pandering out "meaningless" RNS's that "we don't really want" to calm private investors with £7k staked?

-can't have it both ways imo.

[copestake] 09/5/2019 12:45

Sounds sale pitch for a long time has been to cater for the retail investors. So that's what they have done. The downside of that is investors are easily spooked & need spoon feeding news. I'm sure Sound don't want to put out meaningless RNS's but have to to calm the nerves & put to bed rumours started idiots on the bulletin boards.

[manics] 09/5/2019 11:57

...and during that time the market cap is less 'grown up' and more 'Honey I Shrunk the Kids'!

[manics] 09/5/2019 11:56

OK if we're a grown up company why are we still using words like "delighted" in RNS's? BP don't get "delighted".

...and the coiled tubing fiasco? I mean we just RNS'd "coiled tubing". You don't get BP RNS'ing "coiled tubing", because they don't need to.

Why are "Fireside chats" still hosted at Sound? BP don't have "Fireside chats" they have investor conferences.

JJ has been at Sound for coming up to a year. It took him a year to get around to checking the Twitter account?


This 'grown up company' thing has been spun for the last year with next to nothing changing imo.

[copestake] 09/5/2019 11:20

All part of becoming a grown up company more attractive to a buyer. As instructed by JJ since he came. At the time of the Gherkin event, everything was still in play & if Badille had have been a success the current picture would be very different. Everyone who invests in oil & gas exploration should know nothing is guaranteed & shouldn't risk more than they can afford to lose. Maybe a good lesson for you next time.

[manics] 09/5/2019 09:32

..but honestly though guys, for real, -why did Sound delete 2017 in tweets?

-embarrassment?
-on professional advice?
-just because they felt like it?

That's gotta sting for Gherkin bagholders. Sound get to 'take it all back' but no refunds for PI's? That kinda stinks, imo.

[manics] 09/5/2019 07:40

Fardels Bear: great question!

TOTAL FANTASY however imo:
i -That Team Parsons use their knowledge to educate investors on the pitfalls of AIM (resource sector) investment, and go on to aid a new regulatory body
with teeth. Think Frank Abagnale or Jordan Belfort using their skills for good.

ii.) -That Team Parsons deliver something when they say they're going to deliver it.

iii.) -That steelwatch effectively moderates this BB (there can be no place for bigotry in 2019. Prefacing a share price may go up, or down, does not excuse it).

iv.) -That SOU wages & options proceeds (over the preceding 24 month period) are donated to charity in entirety.

v.) -That steelwatch one day finds peace with what he has permitted and fostered here.

vi.) -That there are no more field visits or investor meetings. They're not worth the PI expense imo. Salt in the wounds for those who attend imo.

vii.) -That CORO & ECHO wind up.

viii.) -No "life after Sound". See point (i) above else retire imo.