TIDMSOU

RNS Number : 9660M

Sound Energy PLC

03 August 2017

3 August 2017

Sound Energy plc

("Sound Energy" or the "Company")

Eastern Morocco: Licence Award

Sound Energy, the African and European focused upstream gas company, is pleased to confirm final approval of the Matarka licence in Eastern Morocco.

Further to the announcement on 21 July 2017, the Company has now received final approval for the Matarka Licence, which has been granted with an effective date of 27 July 2017. This approval fulfils one of the conditions required to complete the Company's acquisition of the interests of Oil & Gas Investment Fund S.A.S ("OGIF") in Eastern Morocco. The Company expects to receive the remaining approvals in relation to the Anoual and Tendrara licence areas (as also detailed in the announcement dated 21 July 2017) by the end of Q3 2017.

Further announcements will be made, as appropriate, in due course.

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

For further information please contact:

 
 Vigo Communications - PR Adviser              Tel: +44 (0)20 7830 9700 
  Patrick d'Ancona 
  Chris McMahon 
  Alexandra Roper 
 Sound Energy                              j.parsons@soundenergyplc.com 
  James Parsons, Chief Executive Officer 
 Smith & Williamson - Nominated Adviser        Tel: +44 (0)20 7131 4000 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
 RBC Capital Markets - Broker                  Tel: +44 (0)20 7653 4000 
  Matthew Coakes 
  Martin Copeland 
  Laura White

This information is provided by RNS

The company news service from the London Stock Exchange

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