MOROCCO: Sound Energy Announces Audited final results for the year ended 31 December 2023

HIGHLIGHTS Substantial 2023 Project execution undertaken – positioned for significant operational and financial progress through development of pivotal Moroccan Tendrara Production Concession, with rig activities from June 2024 and plant commissioning … 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

MOROCCO: Sound Energy Provides Phase 2 Development Financing & Launch of Tendrara Farm-Out Process

Phase 2 Development Financing and Farm-Out Update  As announced on 23 June 2022, the Company mandated Attijariwafa bank, a Moroccan multinational bank and one of the leading banks in Morocco, … Read More

MOROCCO: Attijariwafa Bank to Arrange Debt Financing For Tendrara Production Concession

Sound Energy reports that it has entered into an Arrangement and Mandate letter with Attijariwafa bank of Morocco under which the Company has mandated the Arranger in relation to the … Read More

MOROCCO: Sound Energy Announces Phase 1 Development Loan Note Financing and LNG Sale & Purchase Agreement

Sound Energy, the energy transition company, is delighted to announce the entry of binding conditional agreements in respect of a US$18 million Phase 1 Tendrara LNG Development loan note financing … Read More

MOROCCO: Sound Energy Increases Participating Interests in the Anoual & Greater Tendrara Exploration Permits

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: … Read More

MOROCCO: Sound Energy Announces H1 2020 Results

Statement from the Executive Chairman Despite the challenging business environment brought on by the Covid-19 global pandemic and exacerbated in the oil and gas sector by a dispute between Russia … Read More