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Pin to quick picksSound Energy Regulatory News (SOU)

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Market Cap: £4.57m
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Completion of Work Over Operations

2 Sep 2024 07:00

RNS Number : 4825C
Sound Energy PLC
02 September 2024
 

 

2 September 2024

Sound Energy plc

 

("Sound Energy", the "Company" and together with its subsidiary undertakings the "Group")

 

Completion of Work Over Operations

 

Sound Energy, the transition energy company is pleased to confirm, further to the Company's announcement of 15 August 2024, the release and demobilisation of the Star Valley Rig 101 to the Tendrara Production Concession having fully completed the work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro-LNG plant currently under construction at site. The works were completed safely with no recordable incidents. The Company thanks the dedication and professionalism of our well management team at Bedrock Drilling Ltd, our subcontractors and suppliers, and the Office National des Hydrocarbures et des Mines ("ONHYM") for their ongoing partnership and support.

 

The Company has successfully replaced the tubing head spool and ran new corrosion resistant completion tubing into TE-7. The rig will be stacked at the TE-7 site, at no on-going cost to the Company.

 

For further information visit www.soundenergyplc.com follow on X @soundenergyplc, LinkedIn, or contact:

 

Flagstaff Strategic and Investor Communications

Tim Thompson

Mark Edwards

Alison Allfrey

 

Tel: 44 (0)20 129 1474

sound@flagstaffcomms.com

 

Sound Energy

Graham Lyon, Executive Chairman

 

chairman@soundenergyplc.com

 

Cavendish Capital Markets - Nominated Adviser

Ben Jeynes 

Peter Lynch

 

Tel: 44 (0)20 7220 0500

 

Zeus - Broker

 

Tel: 44 (0)20 3829 5000

Simon Johnson

 

 

Gneiss Energy Limited - Financial Adviser

Jon Fitzpatrick

Paul Weidman

Doug Rycroft

 

Tel: 44 (0)20 3983 9263

 

 

END

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