MOROCCO: Sound Energy Reports on Micro LNG Development Progress & Amendment of Italfluid Project Contract

Sound Energy has provided a progress update on its Phase 1 micro LNG development and announced an amendment to the project contract entered into between Italfluid Geoenergy S.r.l.  and Sound … Read More

MOROCCO: Predator Oil & Gas Receives £900,000 loan for Expansion of the MOU-1 testing programme & MOU-3 long-lead drilling items

Highlights  ·    Commencement of MOU-2 drilling currently projected for mid-December 2022  ·    All remaining well inventory and drilling materials on way to Morocco  ·    Exercise of options and Directors’ loan will provide aggregate additional … Read More

SDX Energy Provides Financial & Operating Results for the 3 & 9 Months Ended 30 September 2022

YTD 9 months 2022 key highlights:  ·      Production of 512 bbls/d and 19.3mmscf/d (3,729 boe/d), 3% higher than mid-point full year guidance of 3,480 – 3,795 boe/d. ·      EBITDAX of US$21.6 million and operating cash flow … Read More

MOROCCO: Chariot Limited, Mohammed VI Polytechnic University & Oort Energy to Collaborate on Green Hydrogen Pilot projects

Chariot Limited, Mohammed VI Polytechnic University (UM6P) and Oort Energy  collectively have announce they have agreed to collaborate on green hydrogen pilot projects in Morocco. Utilising a polymer electrolyte membrane … Read More

MOROCCO: Sound Energy Announces Project Financing Update

Farm-Out Update  The Company announced on 9 August 2022 that it had initiated a formal farm-out process for the Tendrara Production Concession and the surrounding Grand Tendrara and Anoual exploration permits.  … Read More

MOROCCO: Sound Energy Provides Update Regarding its Exploration Permits at Sidi Moktar & Grand Tendrara

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 … Read More

Predator Oil & Gas Reports Interim financial & Operational Statements for the 6 months to 30 June 2022

Financial highlights: Loss from operations for the 6 months period is £599,789 (2021: full year Loss of £1,398,821). Cash balance, at period end of £1,549,434 (2021 year end: £1,523,035). A … Read More

Nigeria signs MoU with Morocco & West African countries for $25 billion gas pipeline

A Memorandum of Understanding was signed tlast week between the Economic Community of West African States “ECOWAS”, represented by Mr. Sediko Douka, Commissioner of Infrastructure, Energy and Digitalization, the Federal … Read More

MOROCCO: Anchois Project Gas to be evacuated through the Maghreb-Europe Gas Pipeline

Chariot Limited has signed a Pipeline Tie-In Agreement with the Office National des Hydrocarbures et des Mines (ONHYM) securing access to the major Maghreb Europe Gas Pipeline (GME) in Morocco. … Read More

MOROCCO: Predator Oil & Gas to Raise £3.3 million towards Drilling of the MOU-2 Well

The Proceeds of the Placing, less expenses, will be spent entirely on high impact and high reward drilling to target the Moulouya Fan penetrated in MOU-1 in 2021. MOU-2 will … Read More