tiprankstipranks
Sound Energy Advances Tendrara Projects, Eyes 2025 LNG Production
Company Announcements

Sound Energy Advances Tendrara Projects, Eyes 2025 LNG Production

Sound Energy (GB:SOU) has released an update.

Don't Miss our Black Friday Offers:

Sound Energy PLC has reported notable progress in its Tendrara Production Concession during the first half of 2024, including a partial divestment to Managem SA and advancements in its Phase 1 Micro LNG project, with LNG production expected in 2025. The company has secured a bridge financing facility and is working closely with Managem to ensure a smooth transition of operations. Sound Energy is also progressing towards a final investment decision for its Phase 2 pipeline development with financial backing from Attijariwafa Bank.

For further insights into GB:SOU stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskSound Energy Teams Up with Getech in Morocco
TipRanks UK Auto-Generated NewsdeskSound Energy Secures Approval for Moroccan Asset Sale
TipRanks UK Auto-Generated NewsdeskSound Energy Issues New Shares After Loan Conversion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App