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SOU Sound Energy Plc

0.775
-0.042 (-5.14%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sound Energy Plc LSE:SOU London Ordinary Share GB00B90XFF12 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.042 -5.14% 0.775 0.702 0.848 0.85 0.70 0.758 16,751,020 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 4.97M 0.0026 3.23 16.09M

Sound Oil PLC Drilling Update - Nervesa Second Well (6953N)

20/05/2015 7:00am

UK Regulatory


Sound Energy (LSE:SOU)
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TIDMSOU

RNS Number : 6953N

Sound Oil PLC

20 May 2015

20 May 2015

Sound Oil plc

("Sound Oil" or the "Company")

Nervesa Total Depth and Logging Results

Sound Oil, the Mediterranean focused upstream oil and gas company, confirms that the second Nervesa appraisal well has reached Total Depth at 2,054 metres and that logging is now also complete.

The Company confirms that mud log gas shows were recorded while drilling in the target reservoir zones within the Miocene San Dona Formation. The wireline logging has confirmed the presence of various gas bearing levels.

Accordingly, the Company will now proceed to complete the well and to test the well thereafter, after which a further announcement will be made.

For further information please contact:

 
 Sound Oil                         j.parsons@soundoil.co.uk 
  James Parsons, Chief Executive 
  Officer 
 Vigo Communications -                  Tel: +44 (0)20 7016 
  PR Adviser                                           9573 
  Patrick d'Ancona 
  Chris McMahon 
 Smith & Williamson - Nominated         Tel: +44 (0)20 7131 
  Adviser                                              4000 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
 
        Peel Hunt -Broker               Tel: +44 (0)20 7418 
         Richard Crichton                              8900 
          Charles Batten 
 
 
 

The information contained in this announcement and appendix has been reviewed by Sound Oil's Italian Managing Director, Luca Madeddu, a qualified petroleum geologist.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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