RNS Number : 2507V
Sound Oil PLC
06 August 2015

6 August 2015


Sound Oil plc

("Sound Oil" or the "Company")



Sound Oil signs a gas sales agreement with Shell Energy Italia


Sound Oil, the Mediterranean focused upstream gas company is pleased to announce the signature of a gas sales agreement for the Casa Tonetto production concession, which includes the Nervesa gas field, with Shell Energy Italia, the local arm of Shell Energy Europe, which is Shell's gas, power and emissions trading entity in Europe.


The Agreement follows the recent Casa Tonetto production concession award and includes a pricing mechanism that enables Sound Oil to manage its risk/reward balance.


James Parsons, Sound Oil's Chief Executive Officer, commented:


"I am very pleased to report the signature of the gas sales agreement, which increases our exposure to Italian gas market and represents the first relationship with the Shell Group''



For further information please contact:



Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper


Tel: 44 (0)20 7016 9573

Sound Oil

James Parsons, Chief Executive Officer




Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes


Tel: 44 (0)20 7131 4000

Peel Hunt - Broker

Richard Crichton

Charles Batten


Tel: 44 (0)20 7418 8900




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