Sound Energy plc is a growth focused and private investor centric Moroccan gas explorer.
We are listed on AIM and benefit from:
We are pursuing an onshore gas strategy underpinned by strong gas market fundamentals, which is proving very robust to the current oil price environment and to an increasingly carbon-conscious world. Gas is, rightly, seen as a cleaner alternative to coal and oil.
The energy sector is in a period of some transition, with oil prices having fallen significantly since 2014, which has put considerable strain on the global oil & gas industry. We observe a “new order” emerging, with the market increasingly rewarding companies with low debt levels, strong management, cash on the balance sheet and a bias for gas.
Despite the challenging sector backdrop, Sound Energy is positioned in a sweet spot – analogous to being in the peaceful eye of a violent storm – with an opportunity to grow boldly and counter-cyclically whilst valuations are low and competition is limited.
We are focused on unlocking the Moroccan gas promise, which includes:
We are also merging our Italian portfolio with those of Saffron Energy plc and Po Valley Limited, to create an enlarged and advantaged Italy E&P which we will re-brand Coro Energy plc. Sound’s shareholders will all receive directly an equity position in this new business, again demonstrating our commitment to private investors.
So, in summary, Sound Energy is a focused on “shaping moves” and working to deliver a substantial gas company.
Chief Executive Officer