RNS Number : 2421F
Sound Energy PLC
26 October 2018
26 October 2018
Sound Energy plc
("Sound Energy" or the "Company")
Eastern Morocco : TE-9 First Casing Point
Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that the first well in the current three exploration well programme, TE-9, has now been drilled to the first casing point at a measured depth ("MD") of 352 metres and that the 13 3/8" casing has been set and cemented in the top of a series of Middle Jurassic Dolomite and Limestones. The Company will now proceed to drill towards the second casing point at an MD of approximately 2300 metres.
The Company looks forward to updating investors on achievement of each of the second casing point (9 5/8" casing), the setting of a 7" liner (if required) and achievement of total depth.
The Company also confirms the fourth quarter investor presentation is now available on its website.
Further announcements will be made, as appropriate, in due course.
For further information please contact:
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Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Kate Rogucheva
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Tel: 44 (0)20 7390 0230 |
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Sound Energy James Parsons, Chief Executive Officer JJ Traynor, Chief Financial Officer |
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Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes
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Tel: 44 (0)20 7131 4000 |
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RBC Capital Markets - Joint Broker Matthew Coakes Martin Copeland |
Tel: 44 (0)20 7653 4000 |
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Macquarie Capital (Europe) Limited - Joint Broker Alex Reynolds Nick Stamp |
Tel: 44 (0)20 3031 2000
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