Sound Energy PLCLSE Sound Energy Stock Report

Sound Energy Plc engages in the business of oil & gas exploration and production. The Company’s principal activities are exploration, appraisal and development of gas assets. Its principal area of activity is Morocco. The firm operates through three segments: corporate, exploration and appraisal, and development and production. The Tendrara Production Concession is located for access to Gazoduc Maghreb Europe (GME) pipeline approximately 120 kilometers (km) to the North. The pipeline connects Morocco to the Spanish/Portuguese gas grids, as well as the Moroccan gas-fired power stations. The firm has a variety of exploration assets in Morocco, namely Greater Tendrara, Anoual and Sidi Mokhtar. Its Greater Tendrara exploration assets cover an area of approximately 14,411 square kilometers (km2). Its Anoual exploration assets cover an area of approximately 8,873 km2. Its Sidi Mokhtar exploration assets cover an area of approximately 4,712 km2.