AIM-quoted upstream company Sound Energy completed the divestment of its Italian subsidiary to Coro Energy on Monday morning after its shareholders were issued with their pro-rata entitlement to the consideration payable.
Moroccan focused upstream oil and gas company Sound Energy doubled down on its assertion that its assets in the North African country held the potential to be transformed into a material hydrocarbon province on Thursday.
Morocco and Europe-focussed gas company Sound Energy announced on Wednesday that the cancellation of the share premium account was approved by the High Court of Justice of England and Wales on 13 March.
Moroccan upstream gas company Sound Energy apprised investors of its exploration plans for the current year on Thursday after having completed an aerial gradiometry programme.
Mediterranean upstream company Sound Energy has received final certification for the TE-5 well core at its Tendrara asset onshore Morocco, with the findings being "entirely consistent" with preliminary results returned on 20 December.
African and European focused upstream gas company Sound Energy told investors on Wednesday that preliminary results of a volume certification process at its TE-5 Horst well location on the Tendrara concession had validated its prior in-house estimations of 0.63trn cubic feet of mid-case gross gas originally in place (GOIP).
Oil and gas firm Sound Energy announced on Monday it had completed airborne full tensor gravity gradiometry (FTG) and magnetic data acquisitions of its assets in Eastern Morocco which returned "highly encouraging results".
Mediterranean upstream company Sound Energy outlined its plans for a new three-well drilling programme in Eastern Morocco on Wednesday, saying the firm was preparing for "another exciting period."
Africa and Europe-focussed upstream gas company Sound Energy announced the completion of its previously-announced acquisition of the interests of Oil & Gas Investment Fund in Eastern Morocco, after receiving final approvals in relation to the Anoual and Tendrara licence areas.
Sound Energy announce on Tuesday it would soon complete operations at its onshore project in Italy, adding that with the rig already disassembled operations to plug and abandon the well would be completed by September.
Sound Energy is progressing well on its acquisition of various licenses in Easter Morocco from the Oil and Gas Investment Fund and has signed multiple new license agreements with the country's Office National des Hydrocarbures.
Sound Energy, the African and European focused upstream gas company announced a strong reservoir pressure build-up at its TE-7 well and provided a fresh estimate for the resources in place.
Drilling by Sound Energy at its Badile exploration well onshore Italy discovered sub-commercial volumes of gas, deflating its shares by more than a quarter.
Africa and Europe-focussed upstream gas company Sound Energy updated the market on the drilling of the Badile exploration well, onshore Italy, on Wednesday.
Africa and Europe-focussed upstream gas company Sound Energy announces the mobilisation of a rig to its Sidi Moktar asset, onshore Morocco on Tuesday.
Sound Energy's shares fell a little more than 2% after issuing updates on it Badile exploration well in Italy, and TE-8 well in Morocco.
Africa and Europe-focussed upstream gas company Sound Energy announced on Friday that the third Tendrara well, TE-8, had now been drilled to the third and final casing point at a measured depth of 2,603 metres.
African and European focused upstream gas company Sound Energy confirmed on Wednesday that drilling of the Badile exploration well, onshore Italy, had commenced on 7 March.
Africa- and Europe-focused upstream gas company Sound Energy upstream said the third Tendrara well, TE-8, has been drilled to the first casing point at a measured depth (MD) of 461m.
Africa and Europe-focussed upstream gas company Sound Energy announced on Monday that, further to its announcement on 19 January that it has entered into binding agreements with Oil & Gas Investment Fund for the conditional acquisition of a further 20% interest in the company's Tendrara exploration permits, rights to apply for a 75% operated interest in an exploration permit for the Meridja area and an application for a 75% position in certain relinquished areas of the Tendrara exploration permit areas.