RNS Number : 1278U
Sound Energy PLC
05 April 2016

5 April 2016


Sound Energy plc

(the "Company" or "Sound Energy")


Receipt of Indonesian Contingent Consideration


The Company announces that it has received a US$1.1 million (less 7% transfer tax) cash payment from Ophir Energy plc.  This payment was triggered by the achievement of various operational targets on the Bangkanai licence in Indonesia, previously owned by the Company.  The Company will announce any further receipts of contingent consideration if and when they are received.



For further information, please contact:


Vigo Communications - PR Adviser                                         Tel: 44 (0)20 7830 9700

Patrick d'Ancona

Chris McMahon

Alexandra Roper                             


Sound Energy                                                                               j.parsons@soundenergyplc.com

James Parsons, Chief Executive Officer


Smith & Williamson - Nominated Adviser                            Tel: 44 (0)20 7131 4000

Azhic Basirov

David Jones

Ben Jeynes


Cantor Fitzgerald Europe - Broker                                            Tel: 44 (0)20 7894 8896

Sarah Wharry

David Porter


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