Last checked at 20 Sep 2016 07:00
20 September 2016
Sound Energy plc
("Sound Energy" or the "Company")
Badile: Commencement of Civil Works
Sound Energy, the European and African focused upstream company, is pleased to confirm the commencement of civil works at the Badile exploration well site, onshore Northern Italy. The rig is expected to be mobilised during Q4 2016 with a view to drilling commencing around the end of the year.
Investors are invited to observe operations on site through the Company's webcam, which is expected to go-live later this week.
James Parsons, Chief Executive Officer, commented:
"Following our recent success in Morocco, I am pleased to initiate the countdown to our second Strategic Play. Badile is a material gas prospect and one of our largest and most strategic assets. I look forward to this opportunity to repeat our success at Tendrara."
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 |