RNS Number : 2507K
Sound Energy PLC
20 September 2016
 

20 September 2016

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Badile: Commencement of Civil Works

 

Sound Energy, the European and African focused upstream company, is pleased to confirm the commencement of civil works at the Badile exploration well site, onshore Northern Italy.  The rig is expected to be mobilised during Q4 2016 with a view to drilling commencing around the end of the year. 

 

Investors are invited to observe operations on site through the Company's webcam, which is expected to go-live later this week.

 

James Parsons, Chief Executive Officer, commented:

 

"Following our recent success in Morocco, I am pleased to initiate the countdown to our second Strategic Play.  Badile is a material gas prospect and one of our largest and most strategic assets.  I look forward to this opportunity to repeat our success at Tendrara."

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

 

Tel: 44 (0)20 7830 9700

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

 

 

 


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