Sound Energy Share Discussion Threads

[naughtynicky72] 25/4/2022 14:32

Just Got another 7500 to the collection !

[sunbed44] 24/4/2022 21:12

Zac is saying 4.5p within 2 months now

[arnie] 22/4/2022 23:19

All £9.90

[telbap] 22/4/2022 14:23

Might have been a buy built over the afternoon?

[sunbed44] 22/4/2022 14:02

Few nice little buys going through but the 1m was prob a sell

[seatank8300] 21/4/2022 18:45

If we are looking at the “blue sky” potential, we might consider “company internally estimated, gross unrisked original gas in place” across their licences. According to the company presentation, there is “high exploration potential with 28.35 Tcf identified across the licences”.

In December 2018, Progressive Equity Research published a report on Sound Energy that estimated 14.5 Tcf of recoverable gas potential, which at 50% ownership share (versus 75% today), was valued by Progressive at $360m, so at 75% ownership that is $568m. Here is what they said at the time:

“Sound is an exploration company and this presents certain valuation challenges. With this report we have looked at the valuation of the TE-5 discovery onto which an investor could add their assessed value of the exploration portfolio. We have used the industry standard valuation of a discounted cash flow analysis. We have assumed that the field is brought on stream in 2021 with a gross plateau production of 66 mmcf/day. This plateau will be maintained for 10 years before natural decline occurs. This envisages gross recovery of over 300 BCF of sales gas. The gas price that we have used is US$8.9/mcf and this is escalated at 2% per annum. The capital expenditure is modest since we are assuming that the BOOT contract is adopted and so most of the main capex will be the drilling of the development wells. The reduction in the capex is offset by the fees that will be paid to the midstream partners. However, this will be easily met from the cash flow generated. The discount we have used is the standard 10% that the industry widely uses. We have modelled the field in US dollars and translate this at the prevailing exchange rate (GBP/USD 1.26). The value of the field is then adjusted by the balance sheet of the company. Investors should view any valuation in the context of their own assessments of the relevant risks.”

“Using the process described earlier we attain a gross value for the TE-5 field at US$758 million. With its 47.5% interest, this gives Sound’s interest in this field at US$360 million”.

Sound Energy’s EV currently sits at around $90m, versus Progressive’s potential DCF value of $568m.

Obviously various obstacles lay in the path of achieving this prospective output – Sound Energy would need to raise considerable finance, bring in a partner, and install the infrastructure, which would take a few years.

Or, Sound Energy could just progress feasibility and put itself up for sale.

[sunbed44] 21/4/2022 17:34

Hi all - started to build a position today but did not time it very well with my first buy of 261084 but will be continuing to by in stages up to 3.5 and will then be looking for 5p min by end of H1

[billynotsilly] 21/4/2022 16:11

How long is it going to take to build the 120 km pipeline? Tia.

[seatank8300] 21/4/2022 12:22

www.proactiveinvestors.co.uk/companies/amp/news/980090

Everyone wants Sound Energy's gas

[htrocka2] 21/4/2022 12:12

good posts Oliver......keep the faith.

[steelwatch] 21/4/2022 08:50

"Everyone wants our gas now" - youtube in the header ⤴

[brookemia] 21/4/2022 06:36

So very very heartening🧩🧩 have fallen into place🕵ᥧ9;‍♂A039;😇 and soooo very overdue, 🤥🤥Parsons and Co. to meet his nemesis🚓8110;‍♀️👩R05;💼🚓;. Get ready Parsons, Marco, JJ,your day of judgement👨‍⚖️ we might have lost our money, but compared to loss of freedom…..8532;

Time to get your affairs in order 🔜. ⌛️

No more🛁but9699;and the 🗝will be thrown away it’s a FINANCIAL crime you see..tsk, tsk.

[seatank8300] 20/4/2022 14:26

When something is in everyone's interest to happen, it usually does

[oliversanvil] 20/4/2022 14:11

After years of steady progress, the gas project at Tendrara in Morocco is powering ahead, Graham Lyon, Sound Energy’s executive chairman tells Proactive.

The need for alternative gas supplies following the Ukraine war and Morocco’s own development requirements have sent interest soaring with multiple debt finance and other options for the next phase.

This will see a 120km spur-line built to connect to the Moroccan gas grid after which production can rally ramp up, says the veteran oil and gas m

[telbap] 19/4/2022 09:59

Nice spot Oliver's.

[telbap] 14/4/2022 17:47

Amazing no one posting, just shows how things have materially changed here over the last years.The good ol JP shard pimped up pump was great fun while it Lasted, many made a lot out of this, others got hit. I made and then lost a fair chunk. Back in at just sub 2p.I feel this will on day achieve a reasonable return and if I get lucky maybe I will make back the money I made and lost under JP. I have to say the new CEO does sound a lot better, has his eye on the costs, and is open to renewable's too. This could be a real too. Ten investment vehicles for 2023......watch this space ;)

[its top up time] 13/4/2022 12:32

In again. Has to be done.

We do gas don't we?

[telbap] 11/4/2022 21:16

Will be buying more if this drops below 2p. Will be following thru the week.

[sunbed44] 11/4/2022 15:03

Used to be in here many moons ago when JP pumped and dumped it. then had a couple of plays more recently but not in at the moment. 2.2 on the offer looking quite cheap to me. Also FWIW Malcy likes ATM as well.

[its top up time] 08/4/2022 12:20

Everyone pile in then.

[htrocka2] 06/4/2022 17:10

We have lift off..


Sound Oil PLC (88S1.SG)
Stuttgart - Stuttgart Delayed price. Currency in EUR
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0.0350+0.0140 (+66.67%)
As of 03:59PM CEST. Market open.


With £1 GBP trading at 1.199 Euros........makes it 4.2p