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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.021 | 2.57% | 0.838 | 0.702 | 0.848 | 0.85 | 0.70 | 0.758 | 16,751,020 | 16:19:24 |
| 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 : 2560E
Sound Energy PLC
17 October 2018
17 October 2018
Sound Energy plc
("Sound Energy" or the "Company")
Eastern Morocco : Commencement of Drilling at TE-9
Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that the drilling at TE-9, the first well of a planned three exploration well campaign in Eastern Morocco, is intended to commence later today.
The TE-9 well will test the A1 prospect in the Company's Greater Tendrara permit and is located approximately 19 kilometres to the northwest of the recently awarded Tendrara production concession.
The TE-9 main well bore will be drilled and logged to a true vertical depth of approximately 3,022 metres, is intended to drill both the TAGI as the primary target and the underlying Paleozoic as the secondary target and is expected to take between 35 to 45 days.
The Company looks forward to updating investors on achievement of each of two casing points (13 3/8" casing and 9 5/8" casing), the setting of a 7" liner (if required) and achievement of total depth. Investors will be able to observe live operations through the Company's webcam, available on the Company's website.
Further announcements will be made, as appropriate, in due course.
For further information please contact:
Vigo Communications - PR Adviser Tel: +44 (0)20 7390 0230 Patrick d'Ancona Chris McMahon Kate Rogucheva Sound Energy j.parsons@soundenergyplc.com James Parsons, Chief Executive Officer jj.traynor@soundenergyplc.com JJ Traynor, Chief Financial Officer Smith & Williamson - Nominated Adviser Tel: +44 (0)20 7131 4000 Azhic Basirov David Jones Ben Jeynes RBC Capital Markets - Joint Broker Tel: +44 (0)20 7653 4000 Matthew Coakes Martin Copeland Macquarie Capital (Europe) Limited Tel: +44 (0)20 3031 2000 - Joint Broker Alex Reynolds Nick Stamp
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 17, 2018 02:00 ET (06:00 GMT)
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