Sound Energy announces first commissioning gas at Tendrara gas development

Core Insights - Sound Energy has commenced initial commissioning activities at the TE-5 Horst development project in the Tendrara production concession, Morocco, which is a joint venture with Mana Energy and ONHYM [1][2] - The gas gathering system (GGS) is operational, with gas flowing from the TE-6 production well, and Italfluid Geoenergy is responsible for the micro-LNG plant [2] - A binding gas sales agreement with Afriquia Gaz ensures the purchase of 100 million normal cubic meters of gas annually for ten years, with prices indexed to European and US benchmarks [3] Project Development - The micro-LNG plant construction is ongoing, utilizing existing TE-6 and TE-7 wells, along with a new well, to maintain production levels [4] - Revenue from LNG sales is projected to begin in late Q1 or Q2 of 2026 [4] Company Statements - The CEO of Sound Energy expressed satisfaction with reaching a milestone in supplying gas to Moroccan industrial consumers and anticipates full commissioning of the micro-LNG facility soon [5] - Sound Energy is transitioning to a revenue-generating company while preparing for the final investment decision for the second phase of development to supply Moroccan power markets [6]