Sound Energy Starts Drilling Well in Eastern Morocco
Moroccan focused upstream gas company Sound Energy confirmed that the drilling at TE-10, the second well of a planned three exploration well campaign in Eastern Morocco, has commenced.The TE-10 well will test the North East Lakbir prospect in the Company's Greater Tendrara permit and is located approximately…
British Columbia Natgas Exports to Washington Rise Slowly After Pipe Blast
The amount of natural gas moving from British Columbia to Washington state through the Sumas hub edged up over the weekend after Enbridge Inc last week returned a pipeline to service following a pipe blast in British Columbia.The reduction in the amount of gas flowing through the point, however, caused prices…
Sound Energy to Build Pipeline to Commercialize Moroccan Gas
Britain's Sound Energy has signed a heads of terms agreement with a consortium to build a 20 inch gas pipeline and a processing plant to commercialize its discoveries in Eastern Morocco, it said.The consortium comprising Spain's Enagas, Elecnor and Fomento has been awarded the deal under a build-own-operate-transfer (BOOT) structure, the Morocco-focused company said."The Consor
Sound Energy Commences Drilling at TE-8 Tendrara
Sound Energy, the African and European focused upstream gas company confirmed the commencement of drilling at the third Tendrara well, onshore Morocco. Following the recent success at the Company's first two Tendrara wells (TE-6 and TE-7), the Company's third well (TE-8) was spud on 19 February 2017. The…
Sound Energy Reports Loan Redemption, Warrants Exercise
Sound Energy has entered into an agreement for the early redemption of an existing loan with a view to simplify the Company's balance sheet and saving the Company the cost of the final interest payment. The agreement provides for the early redemption of an existing £1 million loan (the "Loan") originally provided by Simon Davies…
Sound Energy Gets Sidi Moktar Regulatory Approvals
Sound Energy, the African and European focused upstream gas company is in receipt of the regulatory approval for the transfer to the Company of the 75% operated interest in the Sidi Moktar licences, onshore Morocco (the "Acquisitions"). The terms of the Acquisitions were announced by Sound Energy on 14 January 2016, 10 March 2016 and 23 September 2016 respectively.
Sound Energy Updates on TE7 Drilling, Log Results
Sound Energy, the European and African focused upstream gas company informed that TE-7, the second well at the Company's Tendrara licence (onshore Morocco), has now been successfully drilled to total measured depth of 3,459 metres corresponding to a vertical depth of 2,611 metres. The Company has successfully…
Sound Energy to continue drilling Second Tendrara Well
Sound Energy, the European and African focused upstream company, announced that the second Tendrara well, TE-7, has now been drilled to the first casing point at a measured vertical depth ("MD") of 462 metres and that the 13 3/8" casing has been successfully set and cemented in the Aalenian dolomite formation.
Sound Energy Starts Drilling second Tendrara Well
Sound Energy, the European and African focused upstream company, commenced drilling of the second well at Tendrara, onshore Morocco. Following the recent success of the first Tendrara well (TE-6), a sub-horizontal appraisal well (the Company's second well on the licence; TE-7) was spud on 25 August 2016.
Sound Energy Confirms Significant Gas Discovery in Morocco
Sound Energy, the European / Mediterranean focused upstream gas company confirmed a significant gas discovery and a potential single gas column at the Company's Tendrara licence, onshore Morocco. The first Tendrara well, TE-6, was drilled to a depth of 2,665 metres and encountered the top of the structure and approximately 28 metres of net gas pay in the TAGI reservoir.
Directorate Change at Sound Energy
Sound Energy, the European / Mediterranean focused upstream gas company, announced that its Non-Executive Chairman, Simon Davies, has decided to step down as a director of the Company following the Annual General Meeting being held today. Mr Davies is stepping down to pursue his other interests. The Company…
Sound Energy Update on Tendrara and Meridja
Sound Energy, the European / Mediterranean focused upstream gas company provides the following update with regards Tendrar and Meridja. The processing of the logs while drilling and wire line logs at the first Tendrara well has now been completed. The preliminary petrophysical analysis confirms the presence…
Sound Energy Starts Drilling at Tendrara
Sound Energy, the European / Mediterranean focused upstream oil and gas company confirmed the commencement of drilling of the first well at Tendrara, onshore Morocco. With the rig-up completed on 15 April, the well was spud on 20 April 2016. Drilling is expected to reach a total measured depth of 2640 metres with the drilling programme anticipated to include coring…
Sound Energy in Rig MoU for Badile Exploration
Sound Energy signed a Memorandum of Understanding for the rig for the forthcoming Badile exploration well. The Company has signed an MOU with Pergemina SpA for the use of the 3000 HP EMSCO C3 No.29 rig, which is already in Italy. The rig will be available within 4 months of signature of the contract, which is now under discussion.
Sound Energy"s Tendrara Update
Sound Energy, the Mediterranean focused upstream gas company mobilised the National 110 UE (1500 HP) traditional rig for the upcoming first well at the Company's Tendrara licence area, onshore Morocco. The rig has been mobilised from Mauritania and is expected to arrive on site in early March 2016. The Company…
Sound Energy Update on Tendrara
Sound Energy, the European/Mediterranean focused upstream gas company has commenced with the ground works on site at the Company's Tendrara licence area and that all contracts have now been awarded for the first well. This includes the upgrading of local infrastructure which will be followed by the preparation of the camp and the two well pad areas.
Sound Energy to Acquire Meridja Area, Morocco
Sound Energy, the Mediterranean and European focused upstream gas company, announces that it has signed a binding agreement with Oil & Gas Investment Fund S.A.S ("OGIF") whereby OGIF has granted Sound Energy an option to acquire a 55% interest in the Meridja permit, onshore Morocco (the "Option"). Meridja…
First Gas for Sound Energy's Nervesa
Sound Energy, the Mediterranean focused upstream gas company has achieved first commercial production at the operated onshore Nervesa gas discovery on 3 February 2016. The Nervesa discovery was drilled successfully by the Company in 2013 and benefits from a gas sales agreement with the Shell Group. A further announcement confirming production rates will be made in due course…
Sound Energy Acquires further Sidi Moktar Interest
Sound Energy, the Mediterranean focused upstream gas company, reached heads of agreement with PetroMaroc Corporation Plc in respect of Sound Energy's acquisition of PetroMaroc's 50% operated interest in three onshore gas permits located in Morocco (together the "Sidi Moktar Licences"). These heads of agreement follow Sound Energy's announcement of 14 January 2016…
Sound Energy Reports Progress On Moroccan, Italian Licences
Sound Energy, the European/Mediterranean focused upstream gas company, is pleased to provide the following update on its Moroccan and Italian gas portfolio. Further to the recently announced signatures with Schlumberger of both the strategic partnership across Europe and Africa and the Field Management Agreement specifically on Tendrara…
