Sound Energy acquires further interest in Sidi Moktar licences (Scandinavian Oil-Gas Magazine)

Sound Energy acquires further interest in Sidi Moktar licences

Published Jan 27, 2016

Sound Energy has reached heads of agreement with PetroMaroc Corporation Plc in respect of Sound Energy's acquisition of PetroMaroc's 50% operated interest in three onshore gas permits located in Morocco.

These heads of agreement follow Sound Energy's announcement of 14 January 2016, in which the Company announced the acquisition of an initial 25% interest in the Sidi Moktar Licences from Maghreb Petroleum Exploration S.A.

Tags: PetroMaroc Corporation plc, Sound Energy

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