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Sound Energy Share News (SOU)

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Share Price: 50.75Bid: 50.50Ask: 50.75Change: 0.00 (0.00%)No Movement on Sound Energy
Spread: 0.25Spread as %: 0.50%Open: 51.00High: 51.00Low: 49.75Yesterday’s Close: 50.75

BRIEF-Sound Oil acquires Celtique Energie

Thu, 10th Nov 2011 07:32

LONDON, Nov 10 (Reuters) - Sound Oil PLC:

* Acquisition of celtique &
private placement heads

* Celtique is a private Italian company that owns 50% working interests in three permits in Italy: Torrente Alvo (Strombone oil discovery) Carita (Nervesa gas discovery) Monte Negro (gas exploration)

* Sound Oil previously held a 50% interest in each of these permits which now increases to 100% as a result of the acquisition.

((London Equities Newsroom; +44 20 7542 7717))

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