Last checked at 11 May 2015 07:00
11 May 2015
Sound Oil plc
("Sound Oil" or the "Company")
Drilling Update - Nervesa Second Well
Sound Oil, the Mediterranean focused upstream oil and gas company, is pleased to announce that the second Nervesa well has now been drilled (through the Conglomerati del Montello formation to the top of the Marne di San Donà formation) to the next casing point at a measured vertical depth of 1,295 metres.
Operations are now in progress to install the 9 5/8" casing.
The well is therefore now approximately 200 metres above the first reservoir objective.
The Company invites shareholders to observe operations at the drill site through the daily webcam facility which has been installed on site and is available via www.soundoil.co.uk.
For further information please contact:
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon
| Tel: +44 (0)20 7016 9573 |
Sound Oil James Parsons, Chief Executive Officer
| j.parsons@soundoil.co.uk
|
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 has been reviewed by Sound Oil's Italian Managing Director, Luca Madeddu, a qualified petroleum geologist.