---
title: "Sound Energy PLC (LON:SOU) Anoual: Schlumberger Direct Licence Position"
publisher: "Share Talk"
author: "sharetalk"
published: "2019-04-16T15:52:54+00:00"
modified: "2019-04-16T15:52:54+00:00"
date: 2019-04-16
canonical: "https://www.share-talk.com/sound-energy-plc-lonsou-anoual-schlumberger-direct-licence-position/"
category: "Energy"
categories: ["Energy"]
tags: ["Schlumberger", "SOU", "Sound Energy PLC"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Sound Energy PLC (LON:SOU) Anoual: Schlumberger Direct Licence Position

**Published:** April 16, 2019
**Author:** sharetalk
**Categories:** Energy
**Tags:** Schlumberger, SOU, Sound Energy PLC
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

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Sound Energy, the Moroccan focused upstream gas company, is pleased to announce that the process to convert Schlumberger’s existing 27.5% interest in the Anoual permits to a direct 27.5% licence position has completed following receipt of the relevant Moroccan Ministerial approvals.

The Company’s unchanged interest in the Anoual permits consists of an operated 47.5% participating interest, with the remaining interests in the Anoual permits held by Schlumberger (27.5%) and Morocco’s L’Office National des Hydrocarbures et des Mines (25%).

This most recent conversion concludes the process of converting Schlumberger’s previously synthetic interests across the Company’s Eastern Moroccan exploration portfolio to direct licence positions. Schlumberger now has a direct 27.5% licence interest in the Greater Tendrara Petroleum agreement, as previously confirmed, and the Anoual permits.

The process to convert Schlumberger’s 27.5% existing interest in the Tendrara production concession, which contains the TE-5 Horst discovery, is ongoing. Further announcements will be made, as appropriate, in due course.

 

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