Sound Energy plc
Visit Sound Energy plc
Sound has evolved into being a onshore Moroccan E & P company with a focus on gas. Here the gas market is attractive in terms of both gas pricing and fiscal regime. The drilling programme is targeting significant prospects which have the potential of providing a step-change in the group’s reserves and resources.
Sound Energy is a Moroccan E & P company. The company has three onshore exploration licences in the country. Activity is currently focused on the Tendrara licence in the East of the country where sound is the operator with a 47.5% working interest. This acreage already boosts a 377 BCF gas discovery which is being moved ahead for development. Sound is also in the middle of an exploration programme which is targeting different play types with the intention of looking at the running room in this acreage. Overall the company has prospects with potential gross unrisked recoverable gas reserves and resources of approximately 10 TCF of gas. The other licences are being evaluated with the intention of drilling in subsequent years.