{"id":12749,"date":"2022-10-21T10:14:10","date_gmt":"2022-10-21T10:14:10","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=12749"},"modified":"2022-10-21T10:14:10","modified_gmt":"2022-10-21T10:14:10","slug":"morocco-sound-energy-provides-update-regarding-its-exploration-permits-at-sidi-moktar-grand-tendrara","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-provides-update-regarding-its-exploration-permits-at-sidi-moktar-grand-tendrara\/","title":{"rendered":"MOROCCO: Sound Energy Provides Update Regarding its Exploration Permits at Sidi Moktar &#038; Grand Tendrara"},"content":{"rendered":"<p class=\"a\"><span class=\"de\">Sidi Moktar exploration permits<\/span><\/p>\n<p class=\"a\"><span class=\"de\">The Sidi Moktar exploration permits cover approximately 4,712 square kilometres in Southern Morocco with an initial period, as previously extended, of 4 years and 6 months (the &#8220;Initial Period&#8221;) within the total duration of 10 years commencing on or about 9 April 2018.\u00a0 The prior extension to the Initial Period was announced by the Company on 13 October 2020, when it was confirmed that the Sidi Moktar permit Initial Period had been extended by 24-months such that the Initial Period, as extended, was to end by 9 October 2022 (the &#8220;Amendment&#8221;). The Amendment resulted from the Company and Morocco&#8217;s Office National des Hydrocarbures et des Mines (&#8220;ONHYM&#8221;) declaring an event of force majeure during the Initial Period due to continued disruption caused by the impact of the COVID-19 pandemic.<\/span><\/p>\n<p class=\"a\"><span class=\"de\">Notwithstanding the Initial Period having ended prior to the work commitments thereunder having been completed, the Company has been and remains in regular dialogue with the regulatory authorities and ONHYM in order that the Company may reach a solution to complete the committed work programme following the ending of the Initial Period and progress the exploration of this highly prospective basin. The work commitments for the Initial Period of the Sidi Moktar permits remain to acquire and process 500 kilometres of 2D seismic, a short well test of the Koba-1 well and abandonment of Koba-1 and Kamar-1, if required.<\/span><\/p>\n<p class=\"dg\"><span class=\"de\">Grand Tendrara exploration permits<\/span><\/p>\n<p class=\"dg\"><span class=\"de\">\u00a0<\/span><\/p>\n<p class=\"a\"><span class=\"de\">The Grand Tendrara exploration permits cover approximately 14,411 square kilometres in Eastern Morocco and, following completion of the initial period of 4 years within the total duration of 8 years commencing on or about 1 October 2018, the Company reports that it has submitted, having completed the necessary work commitments during the Grand Tendrara initial period, an application to ONHYM to enter the optional first extension period consisting of 2 years.\u00a0<\/span><\/p>\n<p class=\"a\"><span class=\"de\">The work commitment for the first extension period comprises the drilling one exploration well with a Triassic objective. The Company expects to fulfil this commitment by the planned subsalt drilling opportunities within the Trias Argilo-Gr\u00e9seux Inf\u00e9rieur (TAGI) gas reservoir as announced by the Company on 9 August 2022.\u00a0 The TAGI is the proven reservoir of the TE-5 Horst gas accumulation within the Tendrara Production Concession currently under development.\u00a0 On entry to the first extension period the company is required to relinquish a portion of the permitted acreage. The currently proposed retained area includes all Company recognised prospectivity.<\/span><\/p>\n<p class=\"a\"><span class=\"de\">The Company confirms that the commitment to drill two exploration wells with Triassic objectives during the Grand Tendrara initial period were historically fulfilled, and approved by ONHYM as such, by the drilling of TE-9 and TE-10. The Company has therefore been able to make application for the first extension period of the Grand Tendrara exploration permits.<\/span><\/p>\n<p class=\"a\"><span class=\"de\">Both the Sidi Moktar and Grand Tendrara permits are subject to an active and constructive dialogue with ONHYM and the Ministry of Energy Transition and Sustainable Development. Further announcements will be made, as appropriate, in due course.<\/span><span class=\"de\">\u00a0<\/span><\/p>\n<p class=\"dg\"><span class=\"de\">Commenting, Graham Lyon (Executive Chairman) said:<\/span><span class=\"de\">\u00a0<\/span><\/p>\n<p class=\"dg\"><span class=\"de\">&#8220;Our ongoing licence activities at both the Sidi Moktar and Grand Tendrara permits are subject to an active and constructive dialogue with ONHYM and the Ministry of Energy Transition and Sustainable Development, however, principally due to Covid -19, the last couple of years has restricted active licence activity that can be safely and efficiently undertaken in country either for onshore exploration geophysical surveying activities given significant crew numbers required and also limited the ability to drill given the over pressured nature of the subsalt TAGI reservoir with its inherent need for significant and uninterrupted support services. Having submitted our intentions to ONHYM to meet our licence commitments, we are continuing a constructive dialogue with respect to both these permits.\u00a0 Independently of these discussions, we also continue to actively advance our fully funded microLNG project whilst also separately making progress on Pre-FID activities for our major pipeline development project at Tendrara&#8221;.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sidi Moktar exploration permits The Sidi Moktar exploration permits cover approximately 4,712 square kilometres in Southern Morocco with an initial period, as previously extended, of 4 years and 6 months &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-provides-update-regarding-its-exploration-permits-at-sidi-moktar-grand-tendrara\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[10778,1629,9372,8561,10780,10779,10781],"class_list":["post-12749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-grand-tendrara","tag-morocco","tag-onhym","tag-sidi-moktar","tag-te-10","tag-te-9","tag-trias-argilo-greseux-inferieur","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-sidi-moktar.jpg?fit=1170%2C930&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3jD","jetpack-related-posts":[{"id":9289,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-receives-a-24-month-extension-in-the-sidi-moktar-permits\/","url_meta":{"origin":12749,"position":0},"title":"MOROCCO: Sound Energy Receives a 24 month Extension in the Sidi Moktar Permits","author":"","date":"October 13, 2020","format":false,"excerpt":"Sound Energy, the Moroccan focused upstream gas company, reports a 24 month extension to the initial period of the Sidi Moktar Permits, onshore Morocco.\u00a0 On 12 February 2018, the Company announced the award of a new petroleum agreement related to the Sidi Moktar Permits . The Sidi Moktar Permits cover\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-sidi-moktar.jpg?fit=1170%2C930&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-sidi-moktar.jpg?fit=1170%2C930&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-sidi-moktar.jpg?fit=1170%2C930&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-sidi-moktar.jpg?fit=1170%2C930&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-sidi-moktar.jpg?fit=1170%2C930&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13664,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-announces-its-audited-final-results-for-the-year-ended-31-december-2022\/","url_meta":{"origin":12749,"position":1},"title":"MOROCCO: Sound Energy Announces its Audited Final Results for the year ended 31 December 2022.","author":"","date":"May 8, 2023","format":false,"excerpt":"HIGHLIGHTS Development of the Moroccan Tendrara Production Concession \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Phase 1 Micro LNG project o\u00a0\u00a0Signing of the Notice to Proceed in February 2022 o\u00a0\u00a0Drawdown of the Loan Note subscription with Afriquia Gaz commenced in February 2022 o\u00a0\u00a0Site preparation activities at the Tendrara TE-5 Horst commenced in March 2022 o\u00a0\u00a0Main civil work\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Morocco-Sound-energy.png?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Morocco-Sound-energy.png?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Morocco-Sound-energy.png?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Morocco-Sound-energy.png?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Morocco-Sound-energy.png?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12129,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-provides-tendrara-phase-1-mlng-development-update\/","url_meta":{"origin":12749,"position":2},"title":"MOROCCO: Sound Energy Provides Tendrara Phase 1 mLNG Development Update","author":"","date":"April 14, 2022","format":false,"excerpt":"-\u00a0\u00a0\u00a0\u00a0 mLNG equipment and services provider Italfluid, has confirmed the issuance of purchase orders for the gas processing and liquefaction packages together with the LNG storage tank; -\u00a0\u00a0\u00a0\u00a0 Site preparation activities by Italfluid and Sound Energy at the Tendrara site location have commenced and are ongoing; -\u00a0\u00a0\u00a0\u00a0 Italfluid is advancing\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Morocco-Tendrara.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Morocco-Tendrara.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Morocco-Tendrara.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Morocco-Tendrara.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Morocco-Tendrara.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":15569,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-provides-tendrara-development-anoual-exploration-permits-operational-update\/","url_meta":{"origin":12749,"position":3},"title":"MOROCCO: Sound Energy Provides Tendrara Development, Anoual Exploration Permits Operational Update","author":"","date":"January 26, 2026","format":false,"excerpt":"Sound Energy\u00a0has announced the following operational update on the\u00a0Tendrara Phase I Production Concession and Anoual Exploration Permits. Tendrara Gas Gathering System Commissioning Further to our announcement of 8 December 2025 regarding commencement of initial commissioning activities for the TE-5 Horst development, the Operator, Mana Energy Ltd, has informed the Company\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Morocco-Tendrara.png?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Morocco-Tendrara.png?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Morocco-Tendrara.png?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Morocco-Tendrara.png?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Morocco-Tendrara.png?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8520,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-concludes-a-re-negotiation-of-the-terms-of-its-anoual-exploration-permits\/","url_meta":{"origin":12749,"position":4},"title":"MOROCCO: Sound Energy Concludes A Re-negotiation of the Terms of its Anoual Exploration Permits","author":"","date":"July 6, 2020","format":false,"excerpt":"Sound Energy has announced that it has, together with its licence partners, successfully concluded a re-negotiation of the terms of its Anoual Exploration Permits with Morocco's \u00a0National Office of Hydrocarbons and Mines . Sound Energy said the terms aligns with the work programme commitments on the Permit and the Company's\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Anoual.jpg?fit=750%2C746&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Anoual.jpg?fit=750%2C746&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Anoual.jpg?fit=750%2C746&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Anoual.jpg?fit=750%2C746&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10436,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sound-energy-increases-participating-interests-in-the-anoual-greater-tendrara-exploration-permits\/","url_meta":{"origin":12749,"position":5},"title":"MOROCCO: Sound Energy Increases Participating Interests in the Anoual &#038; Greater Tendrara Exploration Permits","author":"","date":"June 14, 2021","format":false,"excerpt":"Sound Energy has entered into a sale and purchase agreement with Schlumberger Holdings II Limited to acquire the entire issued share capital of Schlumberger Silk Route Services Limited. Acquisition Highlights: The Group will have increased participating interests in the Anoual and Greater Tendrara exploration permits in Eastern Morocco by 27.5%\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=12749"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12749\/revisions"}],"predecessor-version":[{"id":12750,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12749\/revisions\/12750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9290"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=12749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=12749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=12749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}