Sound Energy (GB:SOU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sound Energy has successfully completed maintenance operations on the TE-6 and TE-7 gas wells at Tendrara, with the Star Valley Rig 101 now demobilized in preparation for the upcoming commissioning of a new micro LNG plant. Operations concluded safely and efficiently, with no recordable incidents, and the company is preparing TE-6 to supply gas for the LNG plant, expected to be completed later in the year. The company awaits further equipment to finalize similar preparations at TE-7.
For further insights into GB:SOU stock, check out TipRanks’ Stock Analysis page.