21 December 2015
Sound Energy plc
("Sound Energy" or the "Company")
Nervesa: Operations Update
Sound Energy, the European/Mediterranean focused upstream gas company, is pleased to announce, following award of the Production Concession from the Italian Ministry of Economic Development (announced on 14 July 2015), that works to connect the onshore Nervesa well to the national gas export pipeline have now commenced (the remaining works are expected to take approximately 40 days to conclude). On completion of the connection, the Company expects to secure first commercial production.
SNAM, the owner of the national gas pipeline, has also confirmed that it has completed its work adjacent to the site and is now ready to receive gas under the gas sales agreement entered into between Sound Energy and Shell Energy Italia (announced by Sound Energy on 6 August 2015).
The Company is pleased to invite investors to observe its webcam - which will now provide daily updates and is available via www.soundenergyplc.com.
For further information please contact:
Vigo Communications - PR Adviser
Tel: 44 (0)20 7016 9573
James Parsons, Chief Executive Officer
Smith & Williamson - Nominated Adviser
Tel: 44 (0)20 7131 4000
Cantor Fitzgerald Europe - Broker
Tel: 44 (0)20 7894 8896