Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.83p
   
  • Change Today:
      0.032p
  • 52 Week High: 1.93p
  • 52 Week Low: 0.64p
  • Currency: UK Pounds
  • Shares Issued: 1,993.12m
  • Volume: 653,581
  • Market Cap: £16.58m
  • RiskGrade: 409

Deal with Barclays    Trade now with Barclays Stockbrokers

First gas for Sound Energy's Nervesa project

By Josh White

Date: Thursday 04 Feb 2016

LONDON (ShareCast) - (ShareCast News) - One of Sound Energy's projects hit a major milestone on Thursday, with the revelation that the company's onshore Nervesa gas discovery had reached first gas.
The AIM-traded upstream gas company with a focus on the Mediterranean said the Nervesa discovery was drilled successfully by the company in 2013, and benefited from a gas sales agreement with the Shell Group.

"First gas at Nervesa is a landmark event for the company, providing energy to a robust domestic market and further underpinning our broader Mediterranean expansion", said chief executive James Parsons.

A further announcement confirming production rates would be made after the initial clean-up phase was completed, and the stable flow rate had been assessed.

Sound Energy's webcam would now depart Italy for Morocco, where it was approaching its first well at the Tendrara licence.

Email this article to a friend

or share it with one of these popular networks:


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 0.83p
Change Today 0.032p
% Change 4.00 %
52 Week High 1.93p
52 Week Low 0.64p
Volume 653,581
Shares Issued 1,993.12m
Market Cap £16.58m
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.34% above the market average78.34% above the market average78.34% above the market average78.34% above the market average78.34% above the market average
81.58% above the sector average81.58% above the sector average81.58% above the sector average81.58% above the sector average81.58% above the sector average
Price Trend
53.73% below the market average53.73% below the market average53.73% below the market average53.73% below the market average53.73% below the market average
25.93% below the sector average25.93% below the sector average25.93% below the sector average25.93% below the sector average25.93% below the sector average
Income Not Available
Growth
29.91% above the market average29.91% above the market average29.91% above the market average29.91% above the market average29.91% above the market average
11.54% below the sector average11.54% below the sector average11.54% below the sector average11.54% below the sector average11.54% below the sector average

Sound Energy Dividends

No dividends found

Trades for 16-May-2024

Time Volume / Share Price
16:36 500,000 @ 0.80p
15:18 100 @ 0.80p
15:18 20,400 @ 0.81p
14:52 15,000 @ 0.82p
14:49 20,000 @ 0.82p

Top of Page