1 October 2015
Sound Oil plc (renamed Sound Energy plc)
(the "Company")
Sound Energy Launch - Change of Name
Sound Oil plc, the Mediterranean focused upstream gas company, announces that the previously notified change of the Company's registered name to "Sound Energy plc" has become effective. The Company's ordinary shares will continue to trade on AIM under the Company's existing TIDM of "SOU" and ISIN and SEDOL numbers will also remain unchanged.
The Company is also pleased to announce that ground works at the onshore Nervesa gas discovery commenced today. The Sound Energy Launch event, being held in London this afternoon, will include live webcam coverage of initial ground work operations at Nervesa. The webcam coverage will also be accessible through the Company's website.
The Company's website address, at which the information required pursuant to AIM Rule 26 is available, has changed to www.soundenergyplc.com.
James Parsons, Chief Executive Officer of the Company, commented:
"The launch of Sound Energy aligns the Company's external branding with its strategy and asset portfolio. Sound Energy is now positioned as a well funded Mediterranean exploration and production company with an institutional cornerstone investor and strong liquidity.
First gas at the onshore Nervesa gas discovery, which we expect later this year, will be a key strategic milestone for the Company and I am pleased to report the commencement of ground works today. The Company invites its investors to observe operations on site through our innovative webcam facility."
For further information please contact:
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon |
Tel: 44 (0)20 7016 9573 |
Sound Energy James Parsons, Chief Executive Officer |
j.parsons@soundenergyplc.com
|
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes |
Tel: 44 (0)20 7131 4000 |
Cantor Fitzgerald Europe - Broker Sarah Wharry David Porter |
Tel: 44 (0)20 7894 8896 |