Regional News: Mediterranean/N. Africa

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Sound Energy Granted Option to Acquire Onshore Moroccan Interest
Monday, February 08, 2016 Sound Energy has been granted an option to acquire a 55% interest in the Meridja permit, onshore Morocco by Oil & Gas Investment Fund S.A.S (OGIF).

Qatar Petroleum to Acquire Part of Chevron's Moroccan Assets
Monday, February 08, 2016 Qatar Petroleum reaches an agreement with Chevron Morocco Exploration to acquire a 30% participating interest from Chevron's 75% share in three deepwater offshore leases located in Morocco.

Total Conducting Seismic Testing on Congo Oil Block
Thursday, February 04, 2016 French oil major Total conducts first seismic testing on oil block in northeastern Congo, a company spokeswoman confirms.

Algerian Court Jails Six in Oil Firm Corruption Case
Tuesday, February 02, 2016 An Algerian court jails six people in a corruption case involving state energy firm Sonatrach, including a former vice president and an ex-state bank chief, and it fined two local subsidaries for their role.

Sound Energy to Acquire Additional Sidi Moktar Interest
Tuesday, January 26, 2016 Sound Energy reaches an agreement with PetroMaroc to acquire 50% of PetroMaroc's operated interest in three onshore gas permits located in Morocco.

Sound Buys Stake in Sidi Moktar Licenses Onshore Morocco
Thursday, January 14, 2016 Sound Energy agrees to buy a 25% working interest in three onshore gas permits located in Morocco.