As announced on 12 February 2018, Sound Energy via it local subsidiary Sound Energy Morocco South Ltd, was granted a new eight year Sidi Moktar Petroleum Agreement (Agreement) covering Sidi Moktar by the Office National des Hydrocarbures et des Mines (ONHYM). The Agreement covers a large area across and beyond the permits formally known as Sidi Moktar Nord, Sud and Quest Permits. The new Agreement encompasses 4,499 sq km within the Essaouira Basin and will be named Sidi Moktar Onshore and is subject to approval from the Moroccan Energy and Finance Ministries. It includes three sub-areas (Sidi Moktar I, Sidi Moktar II and Sidi Moktar III).  Upon the receiving approval from authorities, Sound Energy via it local subsidiary Sound Energy Morocco South Ltd will hold a 75% stake as operators and ONHYM will hold the remaining 25% interest.  The eight year award will divided into three phases each with pre-agreed work commitments. 
Sound Energy via it local subsidiary Sound Energy Morocco South Ltd, was granted a new eight year Sidi Moktar Petroleum Agreement (Agreement) covering Sidi Moktar by the Office National des Hydrocarbures et des Mines (ONHYM).