RNS Number : 3385X
Sound Oil PLC
10 January 2014

10 January 2014


Sound Oil plc

("Sound Oil" or "the Company")


Rapagnano Production Update


Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to announce an update on 2013 production at the onshore Rapagnano field.


Total 2013 production for the period May to December was 2.25 MMscm (79.45 MMscf), some 15% above budget.  This was achieved without lost time incident.  The average production rate was 9,770 Scmd (0.34 MMscfd) with total 2013 gas deliveries yielding revenue of circa €567,000, which is €900,000 on an annualised basis.


The Company plans to produce a further 1.2 Bscf over a twelve year period. 



For further information please contact:


Sound Oil

James Parsons, Chief Executive Officer

Stuart Joyner, Chief Financial Officer






Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones


Tel: 44 (0)20 7131 4000

Peel Hunt - Broker

Richard Crichton

Charles Batten


Tel: 44 (0)20 7418 8900



Scm means standard cubic metres; Scmd means standard cubic metres per day; MMscm means million standard cubic metres; MMscf means million standard cubic feet; MMscfd means million standard cubic feet per day; Bscf means billion standard cubic feet.


This information is provided by RNS
The company news service from the London Stock Exchange