REG - Sound Energy PLC - First Commissioning Gas at the Tendrara

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RNS Number : 6088K  Sound Energy PLC  08 December 2025

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation ("MAR")
(EU) No. 596/2014, as incorporated into UK law by the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement, this inside
information is now considered to be in the public domain.

 

 

8 December 2025

 

Sound Energy PLC

("Sound Energy", the "Company" and together with its subsidiary undertakings
the "Group")

 

First Commissioning Gas at the Tendrara Gas Development

 

Sound Energy PLC, (AIM:SOU) the AIM listed transition energy company, is
pleased to announce that it has received notification from the operator of the
Tendrara Production Concession, Mana Energy Ltd (55%), of the commencement of
the initial commissioning activities for the TE-5 Horst development project in
the Tendrara Production Concession that first gas has entered the gas
gathering system ("GGS") in preparation for long term gas production into the
micro-LNG plant.  Sound Energy retains a 20% equity interest in the Tendrara
Production Concession.

 

The final required component of the gas gathering system, which is being
constructed by Mana Energy Ltd, the SCADA (Supervisory Control and Data
Acquisition) computer, was delivered on 28 November 2025. After installation,
gas was safely and successfully flowed from the TE-6 production well, to
commence the commissioning of the GGS.

 

The micro-LNG Plant has been designed, is being constructed and will be
operated and maintained by Italfluid Geoenergy S.r.l. ("ITF") with guarantees
for plant operability and delivery of LNG to the off-taker, Afriquia Gaz, a
leading energy distributor in Morocco. A binding gas sales agreement and
associated funding are in place with Afriquia Gaz, with a ten-year commitment
from first gas to purchase a contractual quantity of one hundred million
normal cubic metres per annum. This is in the context of a take or pay
agreement priced in the range of $6-$8.346 per MMBtu which will be determined
using an indexed formula which applies a combination of the European TTF and
US Henry Hub benchmark indices. The development will use existing wells TE-6
and TE-7, and one new well to deliver the required raw gas volumes into the
plant for the Phase 1 development and maintain a ten-year production plateau
under the gas sales agreement. Construction of the micro-LNG plant continues
at site, with revenue generating LNG sales forecast by the contractor, ITF, to
commence late Q1 or Q2 2026.

 

The Company is grateful for the dedication and professionalism of our partners
Mana Energy and ONYHM (25%), contractors and suppliers, for their ongoing
partnership and support.

 

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

 

Majid Shafiq, Chief Executive Officer, commented:

 

"We are pleased that we have reached another milestone to bring gas to
Moroccan industrial consumers and congratulate the operator, Mana Energy Ltd.
I look forward to full commissioning of the micro-LNG facility and delivery of
sales gas in the coming months. We are entering an exciting period at Sound
Energy as we become a revenue generating company, whilst progressing to the
FID for the second phase of development of the entire field, to supply
Moroccan power markets."

 

For further information please visit www.soundenergyplc.com
(https://www.soundenergyplc.com/) , follow on X @soundenergyplc
(https://x.com/soundenergyplc?lang=en)  and LinkedIn or contact:

 

 Sound Energy plc c/o Flagstaff Communications

 Majid Shafiq CEO
 Flagstaff Strategic and Investor Communications      sound@flagstaffcomms.com

 Tim Thompson, Mark Edwards, Alison Allfrey           +44 (0)207 129 1474
 Zeus - Nominated Adviser and Broker                  +44 (0)20 3829 5000

 James Joyce, Gabriella Zwarts (Investment Banking)

 Simon Johnson (Corporate Broking)

 

About Sound Energy PLC:

Sound Energy is a transition energy investment opportunity, listed on the UK
AIM market of the London Stock Exchange, with operations in Morocco centred
around onshore exploration, development and production of gas and advancing
renewable power generation initiatives. Gas is the focal transition fuel and
critical to the country's energy policy to move to sustainable, local
renewable energy, away from imported coal and hydrocarbon fuels. The company
has a 25-year development concession with a micro- LNG development underway at
Tendrara, the first major onshore gas resource in Morocco, and a larger Phase
2 piped gas project awaiting FID. Small scale LNG will supply the industrial
market, whilst the piped gas development is for the power sector. Exploration
wells are funded to support infrastructure led exploration potential. Together
these give the company significant opportunities for scalable growth on its
28,000 square km of onshore permits. Sound Energy is therefore playing a
pivotal role in responding to rising energy demand in Morocco and facilitating
the energy transition. This is further enhanced by Sound's recent early-stage
diversification into opportunities in renewable power generation and hydrogen
exploration in Morocco. Sound has strong stakeholder engagement and
partnerships with leading Moroccan companies, thereby leveraging in-country
expertise in renewable energy projects and its gas developments. Financially,
the company is focused on revenue targets from Phase 1 LNG production,
judicious investment for the Phase 2 piped gas development and prudent cost
management and balance sheet deleveraging to fund asset development
opportunities.

ENDS

 

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