Audio Note: Sound Energy - Full year 2024 results

In this audio note, Zeus’ Dan Slater summarises the investment case for Sound Energy. Sound has released its full year 2024 results, showing the positive cash impact of the Tendrara farm down completed in Q4 2024, and highlighting ongoing progress on Tendrara Phase 1 development and upcoming Phase 2 FID.

Sound Energy: 1 director

A director at Sound Energy bought 2,945,296 shares at 0.68p and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

Sound Energy (SOU LN) - Full year 2024 results - Corporate

Sound has released its full year 2024 results, showing the positive cash impact of the Tendrara farm down completed in Q4 2024, and highlighting ongoing progress on Tendrara Phase 1 development and upcoming Phase 2 FID.

Sound Energy (SOU LN) - Tendrara update - Corporate

Sound has released an update on its Tendrara gas development project onshore Morocco. This reports ongoing development progress towards first gas, a revised EPC contract for the Phase 1 project, and ongoing partner work aimed at planned exploration/appraisal drilling during 2025.

Audio Note: Sound Energy - Tendrara site visit

In this audio note, Zeus’ Dan Slater summarises the investment case for Sound Energy. Last week we attended a site visit to Sound’s Tendrara asset in eastern Morocco. Development work at the site continues apace targeting first LNG production and sales, and we were left with a favourable impression of the JV and its contractors’ ongoing execution of the project.

Sound Energy (SOU LN) - Tendrara site visit - Corporate

Last week we attended a site visit to Sound’s Tendrara asset in eastern Morocco. Development work at the site continues apace targeting first LNG production and sales, and we were left with a favourable impression of the JV and its contractors’ ongoing execution of the project.

Audio Note: Sound Energy - Morocco farm out completion

In this audio note, Zeus’ Dan Slater summarises the investment case for Sound Energy. Sound has completed the farm out of its Tendrara area assets to Managem, as announced earlier this year. This provides carry and also cash back costs which, alongside agreed debt facilities, we expect to leave Sound fully funded for its ongoing Phase 1 Tendrara development, upcoming Phase 2 development, and two exploration/appraisal wells planned for 2025.

Sound Energy (SOU LN) - Morocco farm out completion - Corporate

Sound has completed the farm out of its Tendrara area assets to Managem, as announced earlier this year. This provides carry and also cash back costs which, alongside agreed debt facilities, we expect to leave Sound fully funded for its ongoing Phase 1 Tendrara development, upcoming Phase 2 development, and two exploration/appraisal wells planned for 2025. This is an important moment for Sound, helping secure a significant work programme for the company over the coming years, and a route to sign...

Audio Note: Sound Energy - H1 2024 results

In this audio note, Zeus’ Daniel Slater summarises the investment case for Sound Energy. Sound has announced its H1 2024 results, alongside providing an operational update on its ongoing Tendrara development project in Morocco. The company recently announced a farm out of Tendrara, which should close in the coming weeks and which we expect to leave Sound fully funded for Tendrara Phase 1 and 2 development.

Sound Energy (SOU LN) - H1 2024 results

Sound has announced its H1 2024 results, alongside providing an operational update on its ongoing Tendrara development project in Morocco. The company recently announced a farm out of Tendrara, which should close in the coming weeks and which we expect to leave Sound fully funded for Tendrara Phase 1 and 2 development.

Zeus Energy Sector Update

Welcome to our Energy sector update, where we reflect on recent news and activity in the sector, draw together relevant industry data and analysis, and highlight our recent research.

Hybridan Small Cap Feast - 19 July 2024

19th July 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: None Delistings: None What’s baking in the oven? ** Potential**** Initial Public Offerings: ITF announced: 8th July 2024: Rome Resources: The Canada-based early-stage resource exploration Company has announced its intention to IPO on AIM in order to co...

Sound Energy (SOU LN) - Initiation: The sound of progress

Sound Energy is a UK-listed E&P with gas assets onshore Morocco. The company has made material progress in development of its Tendrara asset, with Phase 1 development underway, and the larger Phase 2 advancing towards FID. There is an ever clearer route to material, sustained cash flows, with regular catalysts from development progress updates and new high-impact E&A drilling.

AUCTUS ON FRIDAY - 21/06/2024

AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C: target price of £0.65 per share: Flow rate of high impact horizontal well above expectations – The first CN Horizontal well (CNB HZ-1) from the Carrizales Norte B pad has been on production since 14 June at a rate of 3,150 bbl/d (~1.6 mbbl/d net) with less than 1% water cut while still recovering load fluid. The flow rate is currently constrained with the ESP operating on the minimum setting. The flow ra...

AUCTUS ON FRIDAY - 26/04/2024

AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; target price of A$1.00 per share: Important step to unlock Sicily – The Italian ministry has informed ADX that it will be granted the d 363C.R-.AX gas exploration permit in the Sicily Channel. In addition, the Regional Administrative Court of Rome has annulled the Plan for the Sustainable Energy Transition of Eligible Areas that prevented the oil redevelopment, appraisal and exploration activities on the licence. ...

Hybridan Small Cap Feast - 24 April 24

24th April 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: 16 April 2024: Electric Guitar (ELEG.L) Concurrent with its Admission to trading on AIM, Electric Guitar is proposing to acquire the entire issued share capital of 3radi...

Hybridan Small Cap Feast - 21 Sep 23

21st September 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment ob...

Dish of the day Joiners: No joiners today. Leavers: No leavers today. What’s cooking in the IPO kitchen?** Announced ITF 12 July: Substrate Artificial Intelligence, an artificial intelligence company based in Spain that creates, buys and scales companies around AI in diverse sectors such as fintech, agritech, energy, human resources, and health, intends to join the Access Segment of the AQSE Growth Market. Announced ITF 6 July: Blackpoint Biotech plc, a medical cannabinoids company established t...

Auctus on Friday - 30/06/2023

AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; target price of A$0.100 per share: Exploration portfolio update in Austria: larger volume, lower risk – The exploration portfolio in Upper Austria is now estimated to hold 213 mmboe of best technical prospective resources (previously 200 mmboe) in 20 prospects. The importance of the upgrade is as much about risk reduction as it is about resources increase. The expansion of the portfolio also provides new opportuni...

Auctus on Friday - 16/06/2023

AUCTUS PUBLICATIONS ________________________________________ Criterium Energy (CEQ CN)C; target price of C$0.95 per share: Transformational acquisition in Indonesia – Criterium is delivering on its plans by acquiring Mont D’Or Petroleum with long life and high netback production of 1,050 bbl/d and 4.7 mmbbl 2P reserves across 2 PSCs in Indonesia (Tungkal in South Sumatra and West Salawati in Southwest Papua). With important spare capacity in existing infrastructure and very low drilling costs (U...