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Drilling Update - Nervesa Second Well

20 May 2015 07:00

RNS Number : 6953N
Sound Oil PLC
20 May 2015
 

 

 

20 May 2015

 

Sound Oil plc

("Sound Oil" or the "Company")

 

Nervesa Total Depth and Logging Results

 

Sound Oil, the Mediterranean focused upstream oil and gas company, confirms that the second Nervesa appraisal well has reached Total Depth at 2,054 metres and that logging is now also complete.

 

The Company confirms that mud log gas shows were recorded while drilling in the target reservoir zones within the Miocene San Dona Formation. The wireline logging has confirmed the presence of various gas bearing levels.

 

Accordingly, the Company will now proceed to complete the well and to test the well thereafter, after which a further announcement will be made.

 

 

 

For further information please contact:

 

Sound Oil

James Parsons, Chief Executive Officer

 

j.parsons@soundoil.co.uk

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

 

Tel: +44 (0)20 7016 9573

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

 

Tel: +44 (0)20 7131 4000

Peel Hunt -Broker

Richard Crichton

Charles Batten

 

Tel: +44 (0)20 7418 8900

 

The information contained in this announcement and appendix has been reviewed by Sound Oil's Italian Managing Director, Luca Madeddu, a qualified petroleum geologist.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLALMFTMBJBBMA
Date   Source Headline
25th Jun 20144:27 pmRNSResult of AGM
25th Jun 20147:00 amRNSDirector/PDMR Shareholding
25th Jun 20147:00 amRNSDirectorate Change
18th Jun 20147:00 amRNSInstitutional Investment Agreements
12th Jun 20147:00 amRNSLaura Gas Discovery - Permit Award
11th Jun 201411:56 amRNSHolding(s) in Company
9th Jun 20147:00 amRNSRapagnano Reserve Upgrade
27th May 20147:00 amRNSCasa Tiberi - Operations Update
22nd May 201410:00 amRNSAnnual Report and Notice of AGM
21st May 20147:00 amRNSFinal Results
28th Apr 20147:00 amRNSNervesa Farm Out
25th Apr 20147:00 amRNSInstitutional Investment
14th Apr 20147:00 amRNSCasa Tiberi - Operations Commence
14th Mar 20147:00 amRNSCasa Tiberi Concession Award
14th Feb 201410:30 amRNSDirector/PDMR Shareholding
7th Feb 20144:00 pmRNSDirector/PDMR Shareholding
6th Feb 201410:16 amRNSDirector/PDMR Shareholding
5th Feb 20147:00 amRNSDirectorate Changes and Directors' Interests
3rd Feb 20147:00 amRNSResult of Open Offer
28th Jan 20147:00 amRNSLand Lease Agreement
14th Jan 20147:00 amRNSBoard Appts, Underwritten Open Offer and Loan
14th Jan 20147:00 amRNS24 month Work Programme
10th Jan 20147:00 amRNSRapagnano Production Update
8th Jan 20147:00 amRNSNervesa Rig Letter of Intent
23rd Dec 20137:00 amRNSDirectorate Change
23rd Dec 20137:00 amRNSSanta Maria Goretti Permit Award
18th Dec 20131:46 pmRNSDirectorate Change
21st Nov 20137:00 amRNSCasa Tiberi EPC Award
8th Oct 20137:00 amRNSNew Badile CPR
27th Sep 201311:18 amRNSDirector/PDMR Shareholding
27th Sep 20137:00 amRNSHalf Yearly Report
27th Sep 20137:00 amRNSCasa Tiberi Approval
4th Sep 20137:00 amRNSSuccessful Nervesa Well Test
9th Aug 20137:00 amRNSNervesa Update
18th Jul 20137:00 amRNSAppointment of Chief Financial Officer
17th Jul 20137:00 amRNSNervesa Gas Discovery
15th Jul 20137:00 amRNSNervesa Total Depth
5th Jul 20137:00 amRNSNervesa Appraisal Well Update
27th Jun 201312:30 pmRNSResult of AGM
24th Jun 20131:39 pmRNSNervesa Appraisal Well Update
11th Jun 20138:41 amRNSNervesa Update
7th Jun 20132:23 pmRNSCommencement of Drilling
7th Jun 20131:08 pmRNSDirector/PDMR Shareholding
4th Jun 20137:00 amRNSPosting of Annual Report and Notice of AGM
30th May 20137:00 amRNSFinal Results
17th May 20137:00 amRNSNervesa Rig Release
16th May 20137:00 amRNSRapagnano First Gas
7th May 20137:00 amRNSProject Update
24th Apr 20137:00 amRNSProject Update
22nd Apr 20137:00 amRNSSuccessful Rapagnano Commissioning

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