Sound Energy Plc (LON:SOU) presents a compelling investment opportunity as a leading onshore gas company in Morocco, strategically positioned to fuel the energy transition, with two gas developments within one concession where gas is in high demand.
Strategic Assets and Development Phases
At the heart of our portfolio lies the Tendrara Production Concession, encompassing a significant 0.65 Tcf gas discovery at the TE-5 Horst. Our development strategy is structured in two key phases:
Phase 1
Micro LNG Project
Currently under construction, this project aims to produce liquefied natural gas (LNG) to meet the growing energy demands of Morocco’s industrial sector.
Phase 2
Competitive Edge and Operational Strength
Leveraging competitive advantage through access and operating momentum rooted in advanced existing projects.
Robust Financial Partnerships
Our financial strategy is bolstered by strong partnerships, including a notable agreement with Managem SA. This collaboration secures up to US$24.5 million in funding net to Sound Energy for Phase 2 of the Gas Development project, underscoring confidence in our asset’s potential.
Alignment with Morocco’s Energy Strategy
Sound Energy’s projects are in harmony with Morocco’s National Energy Strategy, which emphasizes increased gas-fired power generation. Our operations are poised to support this national objective, contributing to the country’s energy security and transition goals.
Experienced Leadership and Commitment to Sustainability
Our team comprises seasoned professionals with expertise spanning technical, project management, commercial, and financial disciplines.
We are dedicated to sustainable practices, ensuring our operations deliver lasting benefits to stakeholders, host governments, local communities, and the diverse environments in which we operate.
117.76
m3 diesel consumed
13.74K
m3 water consumed
Investment Highlights
Investing in Sound Energy Plc means participating in a forward-thinking company at the forefront of North Africa’s energy evolution, dedicated to delivering value to shareholders while supporting sustainable development.
Strategic Location
Operations centered in Morocco, a region with burgeoning energy needs and strategic export potential.
Financial Roadmap
Defined financial pathway backed by supportive key partners, effective debt management, and cost structures.
Strong Partnerships
Collaborations with reputable financial and industry partners, enhancing project credibility and financial stability.
Phased Development
A clear, structured approach to project development, offering near-term revenue generation and long-term growth prospects.