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Nervesa Operations Update

21 Dec 2015 07:00

RNS Number : 6466J
Sound Energy PLC
21 December 2015
 

21 December 2015

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Nervesa: Operations Update

 

Sound Energy, the European/Mediterranean focused upstream gas company, is pleased to announce, following award of the Production Concession from the Italian Ministry of Economic Development (announced on 14 July 2015), that works to connect the onshore Nervesa well to the national gas export pipeline have now commenced (the remaining works are expected to take approximately 40 days to conclude). On completion of the connection, the Company expects to secure first commercial production.

 

SNAM, the owner of the national gas pipeline, has also confirmed that it has completed its work adjacent to the site and is now ready to receive gas under the gas sales agreement entered into between Sound Energy and Shell Energy Italia (announced by Sound Energy on 6 August 2015).

 

The Company is pleased to invite investors to observe its webcam - which will now provide daily updates and is available via www.soundenergyplc.com.

For further information please contact:

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

Tel: +44 (0)20 7016 9573

Sound Energy

James Parsons, Chief Executive Officer

 

j.parsons@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

 

Tel: +44 (0)20 7131 4000

Cantor Fitzgerald Europe - Broker

Sarah Wharry

David Porter

 

Tel: +44 (0)20 7894 8896

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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