Sound Energy seals acquisition of Schlumberger Silk Route Services

  • Aug 31, 2021
  • Stock Market Wire

StockMarketWire.com - Morocco-focused oil company Sound Energy said it had completed its planned acquisition of Schlumberger Silk Route Services.

The asset held a 27.5% participating interest in the Anoual and Greater Tendrara exploration permits in Eastern Morocco, together with a 27.5% indirect interest in the Tendrara concession.

Sound Energy said it now controlled operated working interests of 75% in the exploration permits and in the concession.

The deal was first announced by the company on 14 June.

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