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SOU Sound Energy Plc

0.846
0.071 (9.16%)
Last Updated: 13:37:19
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
  0.071 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

Sound Energy PLC TE-9 Well Location

15/06/2018 7:00am

RNS Non-Regulatory


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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