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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.007 | -0.83% | 0.84 | 0.802 | 0.878 | 202,865 | 16:35:04 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 0 | 4.97M | 0.0026 | 3.27 | 16.29M |
From Apr 2019 to Apr 2024
TIDMSOU
RNS Number : 4637E
Sound Energy PLC
18 July 2016
18 July 2016
Sound Energy plc
("Sound Energy" or the "Company")
Tendrara Update
Following the recent share price increase, Sound Energy, the European / Mediterranean focused upstream gas company, is pleased to update the market on continued positive developments at the Company's Tendrara licence.
The Company continues with rigless operations and, having now secured contact with a significant portion of the net pay, is pleased to announce that it has already achieved a very significant gas flow rate which is in the process of stabilising during the clean up process. The rate is already highly commercial and well above initial expectations. The Company will now finalise the rigless operations and make further announcements, as anticipated, within approximately two weeks time.
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
For further information please contact:
Vigo Communications - Tel: +44 (0)20 7830 PR Adviser 9700 Patrick d'Ancona Chris McMahon Alexandra Roper Sound Energy j.parsons@soundenergyplc.com James Parsons, Chief Executive Officer Smith & Williamson - Nominated Tel: +44 (0)20 7131 Adviser 4000 Azhic Basirov David Jones Ben Jeynes Cantor Fitzgerald Europe Tel: +44 (0)20 7894 - Broker 8896 Sarah Wharry David Porter
The information contained in this announcement has been reviewed by Sound Energy's Moroccan Managing Director, Luca Madeddu, a qualified petroleum geologist.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUWVRRNWABAAR
(END) Dow Jones Newswires
July 18, 2016 07:00 ET (11:00 GMT)
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