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Tellurian Head Counters Rumors, Says Company is Focused on 'Commercial Matters'

LNG development firm Tellurian is disputing rumors that the company is looking to sell following its hire of financial advisory firm Lazard. ....

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Sound expands in east Morocco

Sound expands in east Morocco
Jun 14, 2021 7:15:am
Summary
The company is expanding its positions at its main assets in east Morocco for an initial payment of just $1.
by: Joseph Murphy
Posted in:
Sound expands in east Morocco
London-listed Sound Energy said on June 14 it had reached a deal to acquire Schlumberger s interests in its oil and gas assets in east Morocco for an initial payment of just $1.
Under the transaction, Sound will expand its positions at the Anoual and Greater Tendrara exploration permits by 27.5% to 75%, and gain full control over its 75% interest in the Tendrara concession. Schlumberger currently has a 27.5% indirect interest in Tendrara through a contract with Sound. ....

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