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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.071 | 9.16% | 0.846 | 0.776 | 0.848 | 0.846 | 0.846 | 0.846 | 911,409 | 13:37:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | 4.97M | 0.0026 | 3.27 | 16.29M |
TIDMSOU
Sound Energy PLC
15 June 2018
15 June 2018
Sound Energy plc
("Sound Energy" or the "Company")
TE-9 Well Location
Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that it has now finalised the specific location of its approaching TE-9 exploration well which will target the A1 prospect in the Company's Tendrara-Lakbir permit, Eastern Morocco.
The Company believes that the additional geophysical and geological analysis undertaken utilising data acquired from the most recent seismic acquisition and processing has sufficiently de-risked the prospect to allow the Company to proceed with drilling and the Company will now secure partner approvals and then commence ground works.
This first well, of a planned three well campaign, is intended to drill both the TAGI as the primary target and the underlying Paleozoic as the secondary target.
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 Smith & Williamson - Nominated Adviser Tel: +44 (0)20 7131 4000 Azhic Basirov David Jones Ben Jeynes RBC - Joint Broker Tel: +44 (0)20 7653 4000 Matthew Coakes Martin Copeland Laura White 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
NRALLFERRRISLIT
(END) Dow Jones Newswires
June 15, 2018 02:00 ET (06:00 GMT)
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