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Today's Oil & Gas Update - Eco (Atlantic) Oil & Gas; Impact Oil & Gas; Mosman Oil & Gas; Rex International Holding; Sound Energy; Union Jack Oil and more...

Today's Oil & Gas Update - Eco (Atlantic) Oil & Gas; Impact Oil & Gas; Mosman Oil & Gas; Rex International Holding; Sound Energy; Union Jack Oil and more...
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Morocco: Sound Energy acquires additional interest in Eastern Morocco

Morocco: Sound Energy acquires additional interest in Eastern Morocco 14 Jun 2021 Sound Energy, the Moroccan focused upstream gas company, has entered into a sale and purchase agreement with Schlumberger Holdings II Limited to acquire the entire issued share capital of Schlumberger Silk Route Services Limited ( SSRS ). Acquisition Highlights: The Group will have increased participating interests in the Anoual and Greater Tendrara exploration permits in Eastern Morocco (the Exploration Permits )  by 27.5% to 75%, together with full control over its 75% participating interest in the Tendrara Concession Accretive acquisition on highly attractive terms Positions Sound Energy to generate enhanced returns, cashflow and value as it moves forward the phased development of the TE-5 Horst

Sound Energy PLC (AIM:SOU) | RNS | Sound Energy PLC - Acquisition of Additional Eastern Morocco Interest

Sound Energy PLC (AIM:SOU) | RNS | Sound Energy PLC - Acquisition of Additional Eastern Morocco Interest
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