MOROCCO: Sound Energy Provides Tendrara Production Concession Project Finance Update

Project Debt Funding The Company announced on 23 June 2022 that it had entered into an Arrangement and Mandate letter with Attijariwafa bank, a Moroccan multinational bank and one of the … Read More

MOROCCO: Sound Energy Announces its Audited Final Results for the year ended 31 December 2022.

HIGHLIGHTS Development of the Moroccan Tendrara Production Concession ·      Phase 1 Micro LNG project o  Signing of the Notice to Proceed in February 2022 o  Drawdown of the Loan Note subscription with Afriquia … Read More

EGYPT: SDX Energy Provides Operating Results for the 12 months ended 31 December 2022

Full year 2022 key results: ·      Net Production, 3,723 boe/d (507 bbls/d and 19.3mmscf/d), marginally ahead of mid-point full year guidance of 3,480 – 3,795 boe/d. ·      EBITDAX of US$24.6 million and operating cash flow (before … Read More

MOROCCO: Completion FEED for Key Componenets in the Lixus Offshore Gas Development Project

Chariot Limited has announced that it has now completed the Front-End Engineering and Design (FEED) on the key components of its flagship Anchois gas development project, offshore Morocco. The Anchois … Read More

MOROCCO: NewMed Energy, Adarco Energy Signs Partnership for Boujdour Atlantique License

NewMed Energy and Adarco Energy have signed agreements concerning oil and/or natural gas exploration and production activities in the Boujdour Atlantique exploration license, which is situated in the Atlantic Ocean … Read More