2 April 2019
Sound Energy plc
("Sound Energy" or the "Company")
TE10 : Rigless Well Testing Timing Update
Sound Energy, the Moroccan focused upstream gas company, provides a further update on operations in Eastern Morocco, following the Company's announcement of 18 February 2019. The Company previously announced a discovery, and a planned stimulated well test, at TE-10, the second well in Sound Energy's current three well exploration programme in the Greater Tendrara area, onshore Morocco.
As confirmed in the Company's announcement of 21 March 2019, testing operations at TE-10 are underway and continue. The test programme involves rigless re-entry of the TE-10 well, acquisition of cement bond log information, and both unstimulated and stimulated flow tests on multiple intervals. The Company is anticipating the arrival of Coiled Tubing from Tunisia prior to perforating and initiating the unstimulated tests, followed by the stimulated flow test.
Sound Energy looks forward to updating shareholders via regulatory news service ("RNS"), as appropriate, in due course.
For further information please contact:
Vigo Communications - PR Adviser
Tel: 44 (0)20 7390 0230
James Parsons, Chief Executive Officer
JJ Traynor, Chief Financial Officer
Cenkos Securities - Nominated Adviser
Tel: 44 (0)20 7397 8900
RBC - Joint Broker
Tel: 44 (0)20 7653 4000
Macquarie Capital (Europe) Limited - Joint Broker
Tel: 44 (0)20 3031 2000
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.