Discovery Webinar Series- 23 July 5:00pm
ShareSoc, in collaboration with InvestorHub, presents a webinar series designed to spotlight small and midcap companies listed on AIM or the Aquis Exchange, with the aim of providing insights into innovative and high growth prospects within the market.
In July we are pleased to feature:
1. Sound Energy plc (SOU)
2. Second company will be announced soon
Sound Energy plc (SOU)
Sound Energy is a compelling transition energy investment opportunity, listed on the UK AIM market of the London Stock Exchange, with operations in Morocco centred around onshore exploration, development and production of gas. Gas is the focal transition fuel and critical to the country’s energy policy to move to sustainable local renewable energy away from imported coal and hydrocarbon fuels. The company has a sanctioned development plan at Tendrara, the first major onshore gas resource in Morocco. Small scale LNG will supply the industrial market and a piped gas development, funded, for the power sector. Exploration wells are funded to support the infrastructure led exploration potential.
Together these give the company significant opportunities for scalable growth on its 28,000 square km of onshore permits. Sound Energy therefore plays a pivotal role in responding to rising energy demand in Morocco and is facilitating the energy transition. This is further enhanced by Sound’s recent entry into renewable power generation and Hydrogen exploration in Morocco. Sound has strong stakeholder engagement and partnerships with leading Moroccan companies, thereby leveraging in country expertise in renewable energy projects and its funded gas developments. Financially, the company is focused on revenue targets from Phase 1 LNG production this year, judicious investment, prudent cost management and balance sheet deleveraging to fund asset development opportunities. A well supported financial structure and clear strategic focus make Sound Energy poised to deliver further growth potential from its access to Moroccan gas and energy markets.
Presenter: Graham Lyon- Executive Chairman
Graham is an experienced oil and gas executive with 40 years of experience across technical, operational and commercial leadership roles, including International Vice President of Petro-Canada (TSX: PCA). Graham is a Petroleum Engineer by training, and holds various directorships at listed and private energy and consulting firms.