RNS Number : 1457W
Sound Oil PLC
15 November 2010

For immediate release                                                                                              15 November 2010


Sound Oil plc

Response to Press Comment

Sound Oil plc notes the speculation in the FT over the weekend and can confirm that the company is in discussions to acquire Consul Oil and Gas, which owns a portfolio of Italian appraisal, development and exploration assets, and simultaneously undertake a placing to raise working capital for the enlarged group. The transaction is not deemed a reverse takeover under the AIM Rules for Companies. Discussions are ongoing and a further announcement will be made in due course.




Sound Oil plc                                                                      Tel: 07903 861 145

Gerry Orbell, Chairman               


finnCap                                                                               Tel:  020 7600 1658

Sarah Wharry / Henrik Persson (corporate finance)

Tom Jenkins / Joanna Weaving (corporate broking)                                


Buchanan Communications

Tim Thompson                                                                   Tel: 020 7466 5000                           



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