Sound Energy (GB:SOU) has released an update.
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Sound Energy has confirmed progress in its strategic divestment of Moroccan assets, with key approvals secured including the Moroccan Competition Council’s authorization. The transaction is still subject to certain conditions, such as regulatory approvals and the negotiation of agreements with stakeholders like Schlumberger. The company continues to work towards satisfying the remaining conditions to complete the sale.
For further insights into GB:SOU stock, check out TipRanks’ Stock Analysis page.
