1st Sep 2021 11:55
Sound Energy PLC - Morocco-focused upstream gas company - Gets a 12-month extension to the initial period of its onshore Anoual exploration permits as Covid-19 caused delays in the work programme. Anoual permits cover 8,873 square kilometres in eastern Morocco.
Sound Energy on Tuesday completed its acquisition of Schlumberger Silk Route Services Ltd to boost participating interests in the Anoual and Greater Tendrara exploration permits in eastern Morocco to 75%. Remaining 25% interest is held by joint venture partner, L'Office National des Hydrocarbures et des Mines.
Current stock price: 1.54 pence
Year-to-date change: up 7.7%
By Josie O'Brien; [email protected]
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