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Pin to quick picksSound Energy Share News (SOU)

Share Price Information for Sound Energy (SOU)

London Stock Exchange
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Share Price: 0.866
Bid: 0.864
Ask: 0.98
Change: 0.039 (4.42%)
Spread: 0.116 (13.426%)
Open: 0.866
High: 0.866
Low: 0.866
Prev. Close: 0.883
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Sound Oil shares lift on production concession news

Thu, 16th Jul 2015 09:08

(ShareCast News) - Shares in AIM listed Sound Oil rose on news it had regulatory clearance and could start commercial production for its Nervesa project.The share price for Sound Oil was up 5.56% to 19p in early morning trading at 0812 BST.Sound Oil said the Italian Ministry for Economic Development had awarded the Casa Tonetto production concession.This meant Sound Oil has passed the final hurdle and can now start commercial production, with an aim of securing first commercial gas later this year.Chief executive James Parsons said getting commercial gas at Nervesa would be a significant milestone for the company."Similar to the company's other existing onshore discoveries, Nervesa benefits from very strong gas prices. A gas sales agreement with a long term partner is expected to be signed shortly," Parsons said in a statement.FinnCap initiated coverage of the stock at 'buy' with a 23p target price, and said its portfolio was attractive."We feel that the company's growing cash flow profile and balance sheet strength make it attractive for existing and new investors," analyst Dougie Youngson said in a note.
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28 Sep 2015 08:04

Sound Oil reshuffles non-executive board

(ShareCast News) - Upstream oil and gas group Sound Oil has appointed Richard Liddell and Stephen Whyte as non-executive directors. The former is currently serving as chairman of Falkland Oil, having joined the board of non-executive directors at the London-listed group in 2005, while the latter spe

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24 Sep 2015 11:29

DIRECTOR DEALINGS: Sound Oil Chief Executive Buys Shares

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24 Sep 2015 10:37

Sound Oil Loss Widens On Foreign Exchange Loss, Confident On Outlook

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8 Sep 2015 14:25

Sound Oil expects gas production in Italy to get underway by end of the year

(ShareCast News) - Oil and gas group Sound Oil said it expects gas production at the onshore Nervesa field in Italy to get underway before the end of the year. In a statement released on Tuesday, the London-listed group said all the required equipment and materials were on site and construction of t

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8 Sep 2015 08:18

Sound Oil Remains On Track At Nervesa, To Extend Badile Permit

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7 Sep 2015 14:50

Sound Oil in talks to buy stake in Mahgreb's subsidiary

(ShareCast News) - Oil and gas group Sound Oil has entered an agreement with Mahgreb Petroleum Exploration. Under the terms of the deal, Sound will have a two-month period of exclusivity to negotiate an agreement to acquire one of Mahgreb's subsidiaries, which owns a 25% stake in the Sidi Moktar lic

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7 Sep 2015 07:44

Sound Oil In Exclusive Talks To Buy Into Moroccan Sidi Moktar License

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6 Aug 2015 11:16

LONDON MARKET MIDDAY: Shares Down; BoE Votes 8-1 To Keep Rates On Hold

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6 Aug 2015 10:29

WINNERS & LOSERS SUMMARY: Quindell Shares Drop As Trading Is Restored

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6 Aug 2015 09:21

Sound Oil surges on Shell Italia deal

(ShareCast News) - Oil and gas investment group Sound Oil has signed a gas sales agreement for the Casa Tonetto production concession, with Shell Energy Italia Srl. In a short statement released on Thursday, the London-listed company indicated the deal with Shell Energy Italia, which is the local ar

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6 Aug 2015 06:56

Sound Oil Signs Gas Sales Agreement For Casa Tonetto With Shell

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29 Jul 2015 09:53

Sound Oil Issues Shares Under Warrant Exercise (ALLISS)

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21 Jul 2015 08:24

Sound Oil Issues 2.2 Million Shares After Warrant Exercise (ALLISS)

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17 Jul 2015 16:05

UPDATE: Sound Oil Issues 1.5 Million Shares; CEO Exercises Options (ALLISS)

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17 Jul 2015 16:01

DIRECTOR DEALINGS SUMMARY: Inspirit Chairman And CEO Acquire Shares

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