Sound Energy Happy with Tendrara

UK-based explorer Sound Energy said June 20 that preliminary analysis of logs from its first Tendrara well in northeast Morocco “confirms the presence of a number of gas-bearing levels and a total net pay of 28 metres in the TAGI reservoir” which it said is “ahead of initial expectations.” A further announcement will be made once the results of the well test are confirmed.

Map showing both the Tendrara and Meridja permits (Credit: Sound Energy)

Sound Energy has now applied for the first complementary period under its licence terms which, if granted, triggers a commitment to a second well.

The company has now exercised its option to acquire, subject to regulatory and other approvals, a 55% participating interest in the Meridja exploration permit, onshore Morocco.  Terms and payments are unchanged from what was announced on February 8. Sound Energy says the 9,000 km² Meridja licence area is “highly prospective” and adjacent to the Tendrara licence, with the “same fundamental geology.”

Mark Smedley | www.naturalgasafrica.com