Last checked at 6 Jun 2011 07:00
For Immediate Release | 6 June 2011 |
Sound Oil PLC
("Sound Oil" or "the Company")
Operations Update: Marciano-1ST Well
Sound Oil is able to advise that the completion operation on Marciano-1ST well commenced on Saturday 4 June at 09.00 local time. The operation will involve the perforation of two potential gas-bearing zones at 1283-1288m and 1326-1331m MD. The work on the well is anticipated to take 10 days to complete.
The Marciano-1ST well, located on the Fonte San Damiano Concession in Basilicata, southern Italy, is operated by Sound Oil's majority owned subsidiary Apennine Energy with a 99% working interest.
Gerrry Orbell, Sound Oil's Chairman and Chief Executive commented:
We are pleased to be starting operations on the Marciano well and look forward to successful testing operations that will enable us to move forward with early commercialisation of the project.
For further information please contact:
Sound Oil Gerald Orbell, Chief Executive Michael Cope, Chief Operating Officer |
Tel: +44 (0)1372 371010
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Buchanan Communications Tim Thompson Ben Romney | Tel: +44 (0)207 466 5000
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finnCap Sarah Wharry Henrik Persson | Tel: +44 (0)207 600 1658 |