Sound Energy (GB:SOU) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sound Energy PLC has reported notable progress in its Tendrara Production Concession during the first half of 2024, including a partial divestment to Managem SA and advancements in its Phase 1 Micro LNG project, with LNG production expected in 2025. The company has secured a bridge financing facility and is working closely with Managem to ensure a smooth transition of operations. Sound Energy is also progressing towards a final investment decision for its Phase 2 pipeline development with financial backing from Attijariwafa Bank.
For further insights into GB:SOU stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money