Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

1.02p
   
  • Change Today:
      0.081p
  • 52 Week High: 1.93
  • 52 Week Low: 0.64
  • Currency: UK Pounds
  • Shares Issued: 1,993.12m
  • Volume: 4,494,238
  • Market Cap: £20.33m
  • RiskGrade: 409

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Sound Oil gets go-ahead for production at Italian gas field

Date: Friday 14 Mar 2014

LONDON (ShareCast) - Oil & gas explorer Sound Oil has won approval to start commissioning a gas field in Italy.

Sound said the Italian Ministry of Economic Development had approved the San Lorenzo production concession, which allows Sound to start commissioning operations at the Casa Tiberi field.

Casa Tiberi, in the Marche region in Italy, was discovered in 2011 and a discovery well identified dry gas.

Operations on site are expected to begin in April and the field is expected to achieve first commercial gas in the first half of 2014.

Chief Executive James Parsons said: "We are pleased to report continued operational progress in Italy.

"Whilst Casa Tiberi is one of our smaller assets, it will add to Sound Oil's near term production and revenue."

Shares in Sound ticked up 0.2p or 3.1% to 6.7p in early trading in London.

PW

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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 1.02p
Change Today 0.081p
% Change 8.63 %
52 Week High 1.93
52 Week Low 0.64
Volume 4,494,238
Shares Issued 1,993.12m
Market Cap £20.33m
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.77% above the market average76.77% above the market average76.77% above the market average76.77% above the market average76.77% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Price Trend
31.86% below the market average31.86% below the market average31.86% below the market average31.86% below the market average31.86% below the market average
5.00% above the sector average5.00% above the sector average5.00% above the sector average5.00% above the sector average5.00% above the sector average
Income Not Available
Growth
31.76% above the market average31.76% above the market average31.76% above the market average31.76% above the market average31.76% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average

Sound Energy Dividends

No dividends found

Trades for 31-May-2024

Time Volume / Share Price
15:55 100,000 @ 1.02p
15:53 120,000 @ 1.04p
15:45 250,000 @ 1.04p
15:44 50,000 @ 1.04p
15:31 726 @ 1.01p

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