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Spread: 0.20 (11.765%)
Market Cap: £4.11m
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Change of Name

1 Oct 2015 07:00

RNS Number : 8053A
Sound Energy PLC
01 October 2015
 

1 October 2015

 

Sound Oil plc (renamed Sound Energy plc)

(the "Company")

 

Sound Energy Launch - Change of Name

 

Sound Oil plc, the Mediterranean focused upstream gas company, announces that the previously notified change of the Company's registered name to "Sound Energy plc" has become effective. The Company's ordinary shares will continue to trade on AIM under the Company's existing TIDM of "SOU" and ISIN and SEDOL numbers will also remain unchanged.

 

The Company is also pleased to announce that ground works at the onshore Nervesa gas discovery commenced today. The Sound Energy Launch event, being held in London this afternoon, will include live webcam coverage of initial ground work operations at Nervesa. The webcam coverage will also be accessible through the Company's website.

 

The Company's website address, at which the information required pursuant to AIM Rule 26 is available, has changed to www.soundenergyplc.com.

 

James Parsons, Chief Executive Officer of the Company, commented:

"The launch of Sound Energy aligns the Company's external branding with its strategy and asset portfolio. Sound Energy is now positioned as a well funded Mediterranean exploration and production company with an institutional cornerstone investor and strong liquidity.

First gas at the onshore Nervesa gas discovery, which we expect later this year, will be a key strategic milestone for the Company and I am pleased to report the commencement of ground works today. The Company invites its investors to observe operations on site through our innovative webcam facility."

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Tel: +44 (0)20 7016 9573

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
 
END
 
 
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