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Further Update re TE-10: Rigless Well Testing

29 Apr 2019 07:00

RNS Number : 3206X
Sound Energy PLC
29 April 2019
 

29 April 2019

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Further Update re TE-10: Rigless Well Testing

 

Sound Energy, the Moroccan focused upstream gas company, provides a further update on operations in Eastern Morocco, following the Company's announcement of 2 April 2019. The Company previously announced a discovery, and a planned stimulated well test, at TE-10, the second well in Sound Energy's current three well exploration programme in the Greater Tendrara area, onshore Morocco. The test programme involves rigless re-entry of the TE-10 well, and both unstimulated and stimulated flow tests on multiple intervals.

 

The Company confirms that the previously anticipated coiled tubing required for the next stage of operations has now arrived on site. The Company will now progress towards perforating and initiating the unstimulated tests, followed by the stimulated flow test

 

Sound Energy looks forward to updating shareholders via regulatory news service ("RNS"), as appropriate, in due course.

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon 

 

Tel: 44 (0)20 7390 0230

Sound Energy

James Parsons, Chief Executive Officer 

JJ Traynor, Chief Financial Officer

questions@soundenergyplc.com

 

 

 

Cenkos Securities - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: 44 (0)20 7397 8900

RBC - Joint Broker

Matthew Coakes

Martin Copeland

 

Tel: 44 (0)20 7653 4000

Macquarie Capital (Europe) Limited - Joint Broker

Alex Reynolds

Nick Stamp

Tel: 44 (0)20 3031 2000

 

 

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
23rd May 20177:00 amRNSFinal TE-8 Results and Revised Estimates
17th May 20177:00 amRNSSidi Moktar: Rig Arrival and Work Programme
4th May 20177:00 amRNSBadile: Fourth Casing Point
2nd May 20173:00 pmRNSTotal Voting Rights
25th Apr 20177:00 amRNSMeridja : Schlumberger Investment
18th Apr 20177:00 amRNSMobilisation of Rig to Sidi Moktar
12th Apr 20176:07 pmRNSAnnual Report and Notice of AGM
10th Apr 20177:00 amRNSBadile: Third Casing Point
3rd Apr 20173:00 pmRNSTotal Voting Rights
29th Mar 201712:16 pmRNSDirector/PDMR Shareholding
29th Mar 201712:15 pmRNSDirector/PDMR Shareholding
28th Mar 20177:00 amRNSPreliminary Results
28th Mar 20177:00 amRNSTendrara: TE-8 Results
23rd Mar 20177:00 amRNSBadile: Second Casing Point
23rd Mar 20177:00 amRNSTendrara: TE-8 - Completion of Drilling
15th Mar 20173:02 pmRNSResult of General Meeting
15th Mar 20177:00 amRNSGeneral Meeting Operational Update: TE8 and Badile
14th Mar 20177:00 amRNSBadile: First Casing Point
10th Mar 20177:00 amRNSTendrara: TE-8 Final Casing Point
8th Mar 20177:00 amRNSBadile: Drilling Commences
2nd Mar 20177:00 amRNSTendrara: TE-8 Second Casing Point
1st Mar 20172:30 pmRNSTotal Voting Rights
24th Feb 20177:00 amRNSTendrara: TE-8 First Casing Point
21st Feb 201710:25 amRNSPosting of Circular and Notice of General Meeting
21st Feb 20179:22 amRNSDirector/PDMR Shareholding
20th Feb 20177:00 amRNSTendrara: TE-8 Drilling Commences
20th Feb 20177:00 amRNSProposed Acquisition Update
13th Feb 20177:00 amRNSRedemption of Loan and Exercise of Warrants
7th Feb 20175:54 pmRNSBadile Rig Contract: Payment Using Equity
7th Feb 20173:55 pmRNSDirector/PDMR Shareholding
7th Feb 20177:00 amRNSTE-8 Rig Mobilisation
1st Feb 20175:20 pmRNSTotal Voting Rights
1st Feb 20173:50 pmRNSChange of Broker
1st Feb 20172:54 pmRNSPreliminary Volume Estimates and Work Programme
19th Jan 20177:20 amRNSProposed Acquisition of OGIF Interests
19th Jan 20177:00 amRNSSuccessful TE-7 Extended Well Test
19th Jan 20177:00 amRNSTE-8: Commencement of Civil Works
5th Jan 20177:00 amRNSBadile Update and Rig Mobilisation
30th Dec 20163:00 pmRNSTotal Voting Rights
23rd Dec 201612:33 pmRNSDirector/PDMR Shareholding
19th Dec 20167:00 amRNSDirector/PDMR Shareholding and Block Admission
16th Dec 20163:26 pmRNSDirector/PDMR Shareholding
16th Dec 201612:18 pmRNSDirector/PDMR Shareholding
15th Dec 20167:00 amRNSTendrara: TE7 Bottom Hole Pressure & TE8 Location
12th Dec 20167:00 amRNSSidi Moktar: Receipt of Regulatory Approvals
30th Nov 20163:00 pmRNSTotal Voting Rights
29th Nov 20167:00 amRNSBadile: Rig Contract Signature
25th Nov 20167:00 amRNSSuccessful £26.9 million Fundraising at Market
24th Nov 20164:30 pmRNSDirector/PDMR Shareholding
24th Nov 20167:13 amRNSUnderwritten Offers to Raise £24.1 million

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