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Sound Energy (SOU) Share News

IN BRIEF: Sound Energy raises GBP4 million for Tendrara pipeline

8th Jun 2022 14:30

Sound Energy PLC - London-based Morocco-focused upstream gas company - Raises GBP4 million to mainly fund work on the Tendrara Phase 2 pipeline. Issues 200 million shares at 2.0 pence each, below its share price of 2.09p when it was announced. GBP2.88 million worth of shares are placed, GBP1.12 million are raised via direct subscription, firm explains. Read More

TRADING UPDATES: Norcros and Totally to deliver ahead of expectations

14th Apr 2022 11:30

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Sound Energy decides against making offer to buy Angus Energy

8th Apr 2022 09:53

(Alliance News) - Sound Energy PLC on Friday ruled out making a bid for UK-focused onshore oil and gas producer Angus Energy PLC. Read More

Sound Energy returns to annual profit, confident of "productive" 2022

24th Mar 2022 11:20

(Alliance News) - Sound Energy PLC on Thursday said it swung to a profit in 2021 on a reversal of impairments and lower administrative expenses, as it continues to progress its operations in Morocco. Read More

TRADING UPDATES: Abcam returns to profit; Cake Box rings changes

14th Mar 2022 16:58

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Angus Energy gives Sound more time to make formal offer

11th Mar 2022 14:19

Angus Energy PLC - UK-focused onshore oil and gas producer - Grants Morocco-focused Sound Energy PLC another one-month extension to 'put-up-or-shut-up' deadline. Sound had been required to confirm its intention to make a takeover offer for Angus by Friday, but this has now been put back to April 8. Angus said discussions and mutual due diligence between the two companies continues. After Angus had launched a formal sales process, Sound back in January said it had made a tentative all-share offer worth 1.50 pence per Angus share, or GBP21.6 million for the whole company, its fourth bid for Angus. Read More

Sound Energy gets extension to fulfil conditions for Tendrara contract

9th Mar 2022 11:37

(Alliance News) - Sound Energy PLC on Wednesday said it has an extra 90 days to meet conditions for an agreement that will see the sale of gas from its Phase 2 Tendrara development in eastern Morocco delivered to Morroco's state-owned power company. Read More

AIM WINNERS & LOSERS: RA International suffers "frustrating" 2021

16th Feb 2022 10:22

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

Sound Energy shares rise as Italfluid contract is cleared to start

16th Feb 2022 09:30

(Alliance News) - Shares rose in Sound Energy PLC on Wednesday after announcing the issue of a 'notice to proceed' to Italfluid Geoenergy Srl on the project contract for liquefied natural gas facilities for the Tendara Concession, onshore Morocco. Read More