Sound Energy Plc. is expecting to produce its first commercial gas from the Tendrara assets in Morocco in the first half of 2019, a corporate presentation on the company’s website revealed.

The document revealed that the development will start with the horizontal well, TE-7, followed by TE-8, which will test the level of the gas opportunity on the acreage.Near-term potential of the asset according to the document could be about 3 to 4 trillion cubic feet of gas.

Flow rates from the company’s first well, Te-6, was impressive, surpassing both the management and the wider investment community’s expectations.

“Did the multi-TCF potential surprise us? No, it didn’t, but, what we were looking for was a commercial flow rate of say 3 to 3.5 million standard cubic feet per day, and what we’ve actually got from that first well, the T6 well, is a flow rate of 17mln standard cubic feet per day. It definitely surpassed our expectations,” Mary Hood, Sound Energy’s Finance director, told Proactive Investors in an interview.

The document pointed put that the Tendara could be a bigger regional play as the company also has a 55% interest in the adjacent Meridja permit.Both permits are about 75 miles away from a gas pipeline that connects Algeria and Morocco into the main gas grid of Spain and Portugal.

Anita Fatunji