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Sound Energy deal 'one of the best in the industry for a while' says Malcolm Graham-Wood

Oil analyst Malcolm Graham-Wood outlines to Proactive the significance of Sound Energy PLC's (LON:SOU) deal to acquire an extra 20% of the Tendrara gas project.

''The fact that Sound have tied all this up means that if the plan in a year or two's time was to sell this asset in one go ... then you've just made it possible for that to happen''.

Graham-Wood adds: ''Sound shareholders should like this very much''.

Quick facts: Sound Energy PLC

Price: 0.98 GBX

AIM:SOU
Market: AIM
Market Cap: £11.39 m
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on 8/6/18

2 min read