Best AIM Company 2016

RNS Number : 9660M
Sound Energy PLC
03 August 2017
 

3 August 2017

Sound Energy plc

("Sound Energy" or the "Company")

 

Eastern Morocco: Licence Award

 

Sound Energy, the African and European focused upstream gas company, is pleased to confirm final approval of the Matarka licence in Eastern Morocco.

 

Further to the announcement on 21 July 2017, the Company has now received final approval for the Matarka Licence, which has been granted with an effective date of 27 July 2017. This approval fulfils one of the conditions required to complete the Company's acquisition of the interests of Oil & Gas Investment Fund S.A.S ("OGIF") in Eastern Morocco. The Company expects to receive the remaining approvals in relation to the Anoual and Tendrara licence areas (as also detailed in the announcement dated 21 July 2017) by the end of Q3 2017. 

 

Further announcements will be made, as appropriate, in due course.

 

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

Tel: +44 (0)20 7830 9700

Sound Energy

James Parsons, Chief Executive Officer 

 

j.parsons@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC Capital Markets - Broker

Matthew Coakes

Martin Copeland

Laura White

 

Tel: +44 (0)20 7653 4000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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