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Drilling Update - Nervesa Second Well

20 May 2015 07:00

RNS Number : 6953N
Sound Oil PLC
20 May 2015
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20 May 2015

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Sound Oil plc

("Sound Oil" or the "Company")

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Nervesa Total Depth and Logging Results

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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.

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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.

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

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For further information please contact:

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Sound Oil

James Parsons, Chief Executive Officer

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j.parsons@soundoil.co.uk

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Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

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Tel: +44 (0)20 7016 9573

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

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Tel: +44 (0)20 7131 4000

Peel Hunt -Broker

Richard Crichton

Charles Batten

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Tel: +44 (0)20 7418 8900

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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
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END
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Date   Source Headline
23rd Aug 20122:15 pmRNSOperations Update
1st Aug 20124:41 pmRNSHolding(s) in Company
1st Aug 20127:00 amRNSEngineering Appointment & Funding Contract
26th Jul 20127:00 amRNSChange of Adviser & Open Offer
25th Jul 201212:33 pmRNSOperations Update
16th Jul 20127:00 amRNSFunding Update
10th Jul 20127:00 amRNSOperations Update
1st Jun 201211:00 amRNSStrombone Funding
28th May 20122:09 pmRNSOperations Update
8th May 20121:17 pmRNSOperations Update
4th May 20124:28 pmRNSPosting of Annual Report
3rd May 20122:44 pmRNSHolding(s) in Company
1st May 20127:00 amRNSFinal Results
4th Apr 201212:34 pmRNSOperations Update
22nd Mar 20128:50 amRNSOperations Update
9th Mar 20127:00 amRNSOperations Update
7th Mar 20127:00 amRNSCompany Presentation
6th Mar 20127:00 amRNSOperations Update
27th Feb 20127:00 amRNSDirector/PDMR Shareholding
16th Feb 20127:00 amRNSDirector/PDMR Shareholding
13th Feb 20129:51 amRNSOperations Update
7th Feb 20127:00 amRNSIssue of Equity
23rd Jan 20123:32 pmRNSOperations Update
13th Jan 20121:03 pmRNSDirector/PDMR Shareholding
5th Jan 201211:30 amRNSDirector/PDMR Shareholding
4th Jan 20127:00 amRNSManagement Appointment
3rd Jan 201211:56 amRNSOperations Update
30th Dec 201112:16 pmRNSDirector's dealing, Issue of Equity and TVR
20th Dec 20117:00 amRNSOperations Update
19th Dec 201112:48 pmRNSHolding(s) in Company
12th Dec 201111:15 amRNSHolding(s) in Company
1st Dec 20112:12 pmRNSCompletion of Private Placement
25th Nov 20111:46 pmRNSOperations Update
21st Nov 20117:00 amRNSOperations update: Casa Tiberi-1 well
18th Nov 201112:01 pmRNSTotal Voting Rights
15th Nov 201112:03 pmRNSOperations Update
10th Nov 20115:34 pmRNSDrawdown on Equity Line
10th Nov 20117:00 amRNSAcquisition of Celtique & Private Placement Heads
31st Oct 201110:55 amRNSOperations Update
25th Oct 20117:00 amRNSStart of Casa Tiberi-1 Exploration Well, Italy
12th Oct 20114:47 pmRNSOperation Update
30th Sep 20114:50 pmRNSDirector/PDMR Shareholding
29th Sep 20117:00 amRNSHalf Yearly Report
29th Sep 20117:00 amRNSOperations Update
23rd Sep 20114:57 pmRNSHolding(s) in Company
13th Sep 20113:31 pmRNSNotice of Results
5th Sep 20117:00 amRNSDirectorate Change
24th Aug 20117:00 amRNSRapagnano Concession Update
22nd Aug 20112:09 pmRNSAcquisition of further shares in Consul Oil & Gas
22nd Aug 20117:00 amRNSOperations Update

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