Sound Energy Plc · LSE:SOU
Sound Energy — Investor Presentation (2021)
15 slides from Sound Energy's investor presentation, 2021
Slide 1: Investor Presentation Q2 2021
INVESTOR PRESENTATION Q2 2021
Slide 2: Largest Onshore Operator in Morocco
LARGEST ONSHORE OPERATOR IN MOROCCO EXPLORATION STREAM 0.65 (310 BCF NET)1 TCF SIGNIFICANT CARBON GAS DISCOVERY AT TE-5 EXPLORATION CONSCIOUSNESS HORST (RPS2 CERTIFIED) POTENTIAL3 DRIVING Concession awarded Eastern Morocco up to 34 Tcf TRANSITION O Development planning nearing completion (16 T
Slide 3: Sound Energy Board & Corporate Strategy
SOUND ENERGY BOARD & CORPORATE STRATEGY Graham Lyon Mohammed Seghiri Executive Chairman Chief Operating Officer Mr. Lyon is an experienced oil and gas executive Over 18 years’ experience in leading with 40 years of experience across technical, complex European and African projects operational and co
Slide 4: Compelling Moroccan Case for Gas
COMPELLING MOROCCAN CASE FOR GAS Tahaddart Power NE AN 400 MW E RRA Morocco MEDIT Growing gas • Low risk emerging market (Oued penetration (Dhar Doum El Makhazine • Gas increasingly replacing other fuels 4 x 400 MW) 2 x 400 MW) Oujda Ain Beni Disadvantaged • Circa 90% hydrocarbons Mathar supply posi
Slide 5: Eastern Morocco: Extension of Proven North African Hydrocarbon Plays
EASTERN MOROCCO: EXTENSION OF PROVEN NORTH AFRICAN HYDROCARBON PLAYS GREATER TENDRARA – 8 years from September 2018 47.5% interest Exploration 14,559 km2 Operated* permit 8 wells drilled Atlas Mountains ANOUAL – 8 years from August 2017 TUNISIA High Plateau 47.5% interest Exploration 8,873 km2 permi
Slide 6: Eastern Morocco: Wells and Exploration Potential
EASTERN MOROCCO: WELLS TE-6 Gas: 28m net pay, 17 mmscf/d TE-7 Gas: 32 mmscf/d after stimulation & TE-8 TE-9 TE-10 (2016) achieved post-stimulation (2017) clean up: Successful Extended Well Test (2017) (2018) (2018) Dry Dry Gas Discovery (Non commercial) SURROUNDING THE TENDRARA PRODUCTION CONCESSION
Slide 7: Development Phase 1: Micro LNG
DEVELOPMENT PHASE 1: MICRO LNG AN E ER RAN MEDIT Tangier HoT with Afriquia Gaz Nador Identified partners for both the purchase Oujda of LNG (TE-5 Horst development) and I C partial financing of Phase 1 NT LA Kenitra development T A Rabat 10 year commitment from first gas to sell annual contrac
Slide 8: Micro LNG - Commercial Summary
MICRO LNG - COMMERCIAL SUMMARY Micro LNG Plant to be designed, constructed, commissioned, operated and maintained by Italfluid with guarantees for plant operability and delivery Innovative lease structure: Minimal two-step capital payments at FID and following successful completion of Micro LNG pl
Slide 9: Micro LNG - Value Chain
MICRO LNG - VALUE CHAIN Slide 8 Investor Presentation Q2 2021
Slide 10: Phase 2 Development: Gas Sales by Pipeline
Tahaddart Power E AN PHASE 2 400 2 x 400 MWMW MEDIT ER RA N DEVELOPMENT: Oued (Oued GAS SALES (Dhar Doum Dhar Doum El Makhazine 4 x 400 MW MW) 2 x 400 MW MW) BY PIPELINE Oujda Ain Beni Oujda Mathar T IC L AN Rabat Al Wahda (Al Wahda 25 year concession awarded T 4 x 400 MW MW) Anoual September 2018
Slide 11: Southern Morocco: Extension of the Meskala Gas Field Petroleum System
SOUTHERN MOROCCO: EXTENSION OF THE MESKALA GAS FIELD PETROLEUM SYSTEM Jorf Lasfar Power Plant SIDI MOKHTAR ONSHORE 75% interest Exploration 4,711 km2 Operated permit 44 wells drilled Tahaddart Power 400 MW Safi Chemicals State owned Plant Phosphate Plant (OCP) (Oued (Dhar Doum El Makhazine 4 x 400 M
Slide 12: Southern Morocco: Play Summary
SOUTHERN MOROCCO: PLAY SUMMARY Sidi Shallow (1000m to 3000m) N 0 10 20 30 40 km T Gas reservoir (Kechoula) in the Argovian with 2 wells on structure ( Koba-1 and Kamar-1) Perforating and clean up test of Jurassic gas and oil Koba-1 Argovian in Kechoula discovery discoveries Meskala Kamar-1 (Koba
Slide 13: For more information please contact
For more information please contact: Graham Lyon Executive Chairman Detailed information on our investor website: www.soundenergyplc.com questions@soundenergyplc.com chairman@soundenergyplc.com Slide 12 Disclaimer: The investment mentioned in this document may not be suitable for all recipients or b
Slide 14: Disclaimer
Disclaimer: This presentation and any additional documents handed out at any meeting (together the “Presentation Materials”) have not been approved by (i) the London Stock Exchange plc or by any authority which could be a competent authority for the purposes of the Prospectus Directive (Directive 20
Slide 15: Disclaimer continued
Disclaimer continued: Any recipient of these Presentation Materials who is in any doubt about the investment to which this presentation relates should consult an authorized person specializing in advising on investments of this kind. These Presentation Materials do not constitute a recommendation re