Portfolio

Development project with significant exploration upside with a clear path to production and revenue generation.

Tendrara

Production Concession

Area
133.5 km2

Status
Concession Agreement: Production

Effective date
September 2018

Term
25 years

Resource Potential
Recoverable Resources of 377 Bcf gross / 75.4 Bcf net (2C Resources)1 in the TE-5 Horst gas discovery, sub-salt Triassic TAGI reservoir

Interests
Mana Energy (Operator) 55%
Sound Energy 20%
ONHYM 25%

1 Certified by RPS Energy Consultants Limited

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Anoual

Exploration Permits

Area
8,873 km2

Status
Petroleum Agreement: Exploration

Effective date
8 September 2017

Term
10 years

Resource Potential
Exploration potential in the Triassic TAGI reservoir of 11.5 Tcf gross/3.17 Tcf1 net (mid-case un-risked GIIP) identified in sub-salt concepts, leads and prospects

Interests
Mana Energy (Operator) 47.5%
Sound Energy 27.5%
ONHYM 25%

1 Internal exploration potential estimates, arithmetical sum of mid-case unrisked Gas Initially In Place (“GIIP”)

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Grand Tendrara

Exploration Permits

Area
14,411 km2

Status
Petroleum Agreement: Exploration

Effective date
10 October 2018

Term
8 years

Resource Potential
Exploration potential in the Triassic TAGI reservoir of 7.52 Tcf gross/2.07 Tcf net1 (arithmetical sum of mid-case un-risked GIIP) identified in sub-salt concepts, leads and prospects

Interests
Mana Energy (Operator) 47.5%
Sound Energy 27.5%
ONHYM 25%

1 Internal exploration potential estimates, arithmetical sum of mid-case unrisked Gas Initially In Place (“GIIP”)

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Sidi Moktar Onshore

Exploration Permits

Area
4,712 km2

Status
Petroleum Agreement: Exploration

Effective date
April 2018

Term
10 years

Resource Potential
Unrisked exploration potential of 8.9 Tcf gross/6.68 Tcf net mid-case unrisked GIIP1 identified in sub-salt leads

Interests
Sound Energy (Operator) 75%
ONHYM 25%

1 Internal exploration potential estimates, arithmetical sum of mid-case unrisked Gas Initially In Place (“GIIP”)

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27,996

km² permitted
exploration area

11.9 Tcf

Net Unrisked GIIP
Exploration Potential

74.5Bcf

Net 2C
Resources Discovered

25 year

Production
Concession

Sound Energy

Delivering lasting benefits

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