Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.72p
   
  • Change Today:
    -0.033p
  • 52 Week High: 1.25
  • 52 Week Low: 0.60
  • Currency: UK Pounds
  • Shares Issued: 2,080.62m
  • Volume: 2,449,910
  • Market Cap: £14.91m
  • RiskGrade: 409
  • Beta: 0.06

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Sound Energy completes survey of Moroccan assets

By Iain Gilbert

Date: Monday 20 Nov 2017

LONDON (ShareCast) - (ShareCast News) - 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".
The survey, conducted by AustinBridgeporth, covered a total of 26,700 survey line kilometres, across 22,800 square kilometres, over Sound Energy's Tendrara, Matarka and Anoual licences in just under three months.

Sound Energy also noted that, along with the survey, a recently launched 2D seismic programme was commissioned to develop a better understanding of the subsurface structure and sedimentary succession.

Preliminary high-resolution FTG and magnetic datasets received by the company, delivered on time and to budget, included the delineation of previously unrecognised subsurface features and a clearer view of the deeper structure of the three licences.

A note issued to investors read, "Preliminary data provides a far more detailed view of a deep, thick Paleozoic basin extending over the three permit areas, bounded by a series of NE-SW and NNE-SSW faults. The NNE-SSW fault trend is coincident with the Paleozoic anticline identified on 3D seismic beneath the TE-5 Horst."

TE-5 Horst was Sound Energy's possible third well location in its 2018 exploration programme.

As of 1130 GMT, shares had gained 0.49% to 51.00p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sound Energy Market Data

Currency UK Pounds
Share Price 0.72p
Change Today -0.033p
% Change -4.44 %
52 Week High 1.25
52 Week Low 0.60
Volume 2,449,910
Shares Issued 2,080.62m
Market Cap £14.91m
Beta 0.06
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.31% above the market average80.31% above the market average80.31% above the market average80.31% above the market average80.31% above the market average
85.51% above the sector average85.51% above the sector average85.51% above the sector average85.51% above the sector average85.51% above the sector average
Price Trend
35.03% below the market average35.03% below the market average35.03% below the market average35.03% below the market average35.03% below the market average
5.41% below the sector average5.41% below the sector average5.41% below the sector average5.41% below the sector average5.41% below the sector average
Income Not Available
Growth
42.95% above the market average42.95% above the market average42.95% above the market average42.95% above the market average42.95% above the market average
70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average

Sound Energy Dividends

No dividends found

Trades for 02-Apr-2025

Time Volume / Share Price
12:05 7,000 @ 0.70p
11:57 106,418 @ 0.72p
10:39 1,492,500 @ 0.68p
10:44 1,036 @ 0.72p
10:41 737,500 @ 0.70p

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