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IS - Sound Energy to sell down stake in eastern Morocco for $113MM - November 2019
London-listed Sound Energy entered a non-binding agreement to sell 51% of its interests in eastern Morocco to an undisclosed private UK company for $112.8 million. The deal is the first of 23 recent non-binding offers to be formally announced after the launch of the sales process in May. It involves three assets that Sound operates with 47.5% WI: the Greater Tendrara exploration permit, the Anoual exploration permit and the Tendrara production concession, which together......
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