RNS Number : 0172Z
Sound Oil PLC
09 March 2012
9 March 2012
Sound Oil plc
("Sound Oil" or "the Company")
Operations Update - Casa Tiberi-1, Italy
Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces that the current testing of the Casa Tiberi-1 well has been successfully concluded. The well flowed as planned at a stabilised rate of 8,000 scmd (0.28 MMscfd) on a 8/64ths inch choke with a flowing tubing head pressure of 54 bar. The results will now be analysed and reviewed with the authorities.
For further information please contact:
| Sound Oil Gerry Orbell, Chairman & Chief Executive Mike Cope, Chief Operating Officer
| Tel: 44 (0)1372 365745
|
| Smith & Williamson - Nominated Adviser Azhic Basirov David Jones
| Tel: 44 (0)20 7131 4000 |
| Investec - Broker David Flin
| Tel: 44 (0)20 7597 4000 |
| Buchanan - Financial PR Tim Thompson Ben Romney Helen Chan
| Tel: 44 (0)20 7466 5000
|
The information contained in this announcement has been reviewed by Sound Oil's Chief Operating Officer, Dr M. J. Cope BSc PhD CGeol FGS, a qualified petroleum geologist. "scmd" means standard cubic metres per day; "MMscfd" means millions of standard cubic feet per day.
This information is provided by RNS
The company news service from the London Stock Exchange