80p +8.25p (+11.50%)

There is a seminar tomorrow evening with a Live Webcast............

Dear Investors

Thank you for registering to join us for the Gherkin Live Webcast. The webcast will commence at approximately 7:15pm on and finish at 8:30pm.

To access the webcast please click on the link below:

http://www.ustream.tv/channel/keUz4424EMQ

The password will be provided via e-mail one hour before the event. (Please note that you will not see the title of the event until the password is entered)

Please note that the quality of the webcast will depend on your broadband speed.

Thank you for your continued support and we look forward to you all joining us (all be it virtually) tomorrow evening.

RNS - Preliminary Volume Estimates for Tendrara and Meridja and Moroccan Work Programme

Sound Energy, the African and European focused upstream gas company, notes the movement in the Company's share price and is pleased to provide an early stage estimate of the exploration potential of the Tendrara and Meridja permit areas (the "Basin") and confirm its 2017 Moroccan work programme.

The Company recently comissioned a preliminary basin modelling study from a leading independent consultancy (the "Basin Model"). Following receipt of the Basin Model, the Company is pleased to announce that Sound Energy's internally estimated volumes for the exploration potential of the entire Tendrara and Meridja permit areas are 17 Tcf mid case unrisked* original gas in place (gross). The Basin Model highlights the possibility for a range of estimated volumes across the entire Tendrara and Meridja permit areas, with a 9 Tcf low case for unrisked original gas in place (gross) and, if all the key elements of the petroleum system's model are present, an upside case of 31 Tcf of unrisked original gas in place (gross).

The Basin Model, from which the volume estimates above are derived, is supported by:

· the mapped inventory of discoveries, prospects and leads in the Triassic TAGI reservoir;

· the volume of hydrocarbons generated, and available to charge, from the Paleozoic source rocks post deposition of the thick salt seal; and

· a conceptual evaluation of the Paleozoic resource potential by analogue to neighbouring Algerian basins...............

Valuation after the RNS today
Posible 9 tcf low case - 17 tcf mid case unrisked -31 upside case unrisked tcf
Sounds value is about £1/1.30 per Trillion cubic feet of gas
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This is by - bnzi -....

47.5% of 9Tcf (low estimate) @ 60% recoverable @ £6 per thou cf (rounding down the price Circle oil were/ are receiving) divided by 1.2billion shares (allowing another £60million in dilution, just for fun).

Half that figure so a new owner has room to make profit. £6.41 per share. Can't really grumble at that.
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DonaldTrumpIdiot -
Even If OFFE comes at 0.40p per TCF, it still gives us £7 per share. All in all SOU will increase 500% from here. wow wow wow
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84.75p +4.75 (+5.94%)

Why you can't ignore Sound Energy - By Alistair Strang | Thu, 2nd February 2017 - 09:01

This lot are living proof, sometimes a turkey can fly. When we last viewed Sound Energy (SOU) back in 2015, we'd been able to calculate 37p as a potential high, if it ever actually started to go up.

With almost absurd precision, it bettered its downtrend at the start of July 2016 then soared.

The situation now is fascinating from our perspective. The "Really Big Picture" gives a maximum calculation of 127p and, normally, we'd rubbish such a result, treating as false.

However, by soaring above 100p on the first surge following a trend break, it appears we cannot ignore anything about Sound!

The immediate situation suggests anything near-term above 80p should continue toward 94.5p next. Secondary, if bettered, is at a confident looking 106p which takes the price within sniffing distance of the Big Picture 127p.



What surprises about this share are movements since the initial surge to the 100p level. Our normal logic against movements since then allows for weakness toward 66p and a bounce, if further strength is planned. But, if the price closed below 66p, best guess was a bottom of 53p.

The lowest at which the share actually closed a session before bouncing was 67p, implying strength. Coupling this with the complete outperformance since it broke downtrend last July, we're optimistic.

Certainly, anything now below 66p (red line on the chart) would justify panic, suggesting we've read the tea leaves wrongly.

For now, we like the feel of recent movements and suspect 94.5p will make an appearance next.

83.50p +3.50p

volume at the rate of yesterday and the last 30 minutes there was some large buy trades. Has been moving around this prices almost all day with 85.50p being a resistance, as soon as it reaches close to this point there is manipulation on the order book, taking away orders from the bid side and down again to 83p.
There was earlier a seller on the order book at 84.50p with 15K being place on the offer side (iceberg) and when gone another one in its place.

Some one is profit taking ahead of tonight webcast

finnCap Buy 82.75 87.00 94.00 Reiterates

In today

By Malcolm Graham-Wood Fri, 3rd February 2017 - 12:46
WTI $53.54 -34c, Brent $56.56 -24c, Diff -$3.02 +10c, NG $3.19 +2c

Sound Energy - took us up the Gherkin

Sound Energy (SOU) takes looking after its shareholders very seriously and last night the London Gherkin was the venue for the strategy presentation by the board, including a very welcome speech by Marco Fumagalli of cornerstone shareholders Continental.

Over 260 people attended and many queued up outside on the wait list, whilst 2,000 people dialled in on the live feed such is the retail interest in the company. CEO James Parsons and the other speakers didn't disappoint, with descriptions of the "end game" and "golden tickets" explaining the corporate strategy and solid, detailed analyses of the current programme.

Luca Madeddu gave an overview of Morocco and Brian Mitchenor talked of 260 trillion cubic feet (TCF) of gas of which much had sadly gone, but plenty remained while Leonardo Spicci also talked about the forthcoming spud at Badile in Milan.

Sound has an interesting upcoming programme, including the TE-8 well to hopefully start to confirm the characteristics of Tendrara, the Sidi Moktar prospect also in Morocco and of course the Badile exploration well in Italy. By the end of the year there should be a full CPR to enable an FID and FDP on Tendrara, as well as undoubtedly many other plans, as for presentations wherever next, Wembley Stadium?

Could be interesting on Monday.

Positive interesting or negative interesting? :-))

Still running my profits been tempted to trade them but not willing to spend that much time watching them.

The London Gherkin meeting from posters sounds positive.

Apparently they got in a right pickle .

The company or investors ?

Gherkin?

I watched the web cast, all be it a poor feed and I did not get a lot of it, James Parsons is a slick act but the one thing that surprised me was his golden ticket comments and plea for holders to hang on to their shares.

The implication being that this is a certainty to make us all rich with patience.

Now one thing I have learned is that nothing is a certainty other the the obvious stuff, I remember when I was in one of my defensive modes I had shares like Banks, BP, Marconi ... at the time they were shares for the highly risk averse because they were safe and predictable. O yes things can go wrong life is like that. So when James promises a golden ticket he way well be genuine based on what he knows but it is what he doesn't know that should moderate his ramping.

The London Gherkin was the venue for the strategy presentation.


I certainly have not thrown the kitchen sink in here. I saw to much in the past of dusters and the share losing 40% . RRL plays on my mind from 3-4 years ago, with all the promises that proved outrageous.

Hence victims pickled comment?

79p +1.25p

Is moving higher after starting lower

presentation of last Thurday video ...... Presentation

80.50p +2.75p

There is talk about the company every where

Shell have a little project called the Prelude on the go - it's a little thing which will catapult gas to the fore front of energy consumption.
But you hear a lot talk about where next??.... North Africa keeps on cropping up

I saw that and Sound2 if shell buys up the assets. Like you say talk until an RNS.