RNS Number : 8474V
Sound Energy PLC
21 April 2016
 

21 April 2016

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Tendrara - Drilling Commences

 

Sound Energy, the European / Mediterranean focused upstream oil and gas company, is pleased to confirm the commencement of drilling of the first well at Tendrara, onshore Morocco.

 

With the rig-up completed on 15 April, the well was spud on 20 April 2016.  Drilling is expected to reach a total measured depth of 2640 metres with the drilling programme anticipated to include coring, logging, completion and testing.                       

 

The Company looks forward to updating shareholders on the achievement of each of the three casing points and achievement of TD.  The final results of the well will be announced after the end of drilling and testing operations, approximately 80 days after the spud day.

 

James Parsons, Chief Executive, commented:

 

"I am pleased to report that drilling of our first well in Morocco has now commenced.  This well is a significant milestone for our Company and we expect it to both unlock Eastern Morocco's regional gas play and significantly broaden Sound Energy's resource base."

 

 

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
 
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