Sound Energy has entered a binding Sale and Purchase Agreement to divest its 20% interest in the Tendrara Exploitation Concession to Managem for $57 million. The company will also relinquish its 27.5% interest in the Anoual Exploration Permit and waive rights in the Grand Tendrara Exploration Permit. The transaction aims to eliminate Sound Energy's debt and reposition the company for future growth in energy transition opportunities.
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