ONHYM logo smallONHYM and the companies SOUND ENERGY MOROCCO EAST LIMITED and SCHLUMBERGER SILK ROAD SERVICES LIMITED "SLB" are pleased to announce the signing of a new petroleum agreement,

covering the onshore area named "GRAND TENDRARA" for an acreage of approximately 14 500 km².

This area covers part of the former permits “Tendrara LAKBIR” and the reconnaissance area of “MATARKA”.

Following the results of the work carried out by SOUND on the two areas mentioned above, SOUND ENERGY MOROCCO EAST LIMITED and SCHLUMBERGER, decided to sign together, in partnership with ONHYM, a Petroleum Agreement to further explore the hydrocarbon potential of the so called area of “Grand Tendrara”.

SOUND is the operator.