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Operations Update

15 Aug 2024 07:00

RNS Number : 5103A
Sound Energy PLC
15 August 2024
 

15 August 2024

Sound Energy plc

 

("Sound Energy", the "Company" and together with its subsidiary undertakings the "Group")

 

Operations update

 

Sound Energy, the transition energy company, announces, further to the Company's announcement of 25 June 2024, that the planned work over operations on the gas well TE-7 in preparation for long term gas production into the micro-LNG plant currently under construction at site have resumed following the arrival of additional wellhead equipment. The operation to run new completion tubing into TE-7, will utilize the Star Valley Rig 101 currently located on the Tendrara Production Concession. The rig had been stacked on site at no additional cost to the Group awaiting the arrival of the additional wellhead equipment.

 

In June 2024, the Company successfully pulled the existing completion tubing in both TE-6 and TE-7 and ran new corrosion resistant completion tubing into TE-6 and installed the Production Christmas Tree. Following importation of the additional well surface equipment a similar operation at TE-7 will now proceed. 

 

The Company thanks the dedication and professionalism of our contractors and suppliers, and the Office National des Hydrocarbures et des Mines for their ongoing partnership and support.

 

Further announcements will be made, as appropriate, in due course.

For further information visit www.soundenergyplc.com follow on X @soundenergyplc, LinkedIn, or contact:

 

Flagstaff Strategic and Investor Communications

Tim Thompson

Mark Edwards

Alison Allfrey

 

 

Tel: 44 (0)20 129 1474

sound@flagstaffcomms.com

Sound Energy

Graham Lyon, Executive Chairman

 

 

chairman@soundenergyplc.com

Cavendish Capital Markets - Nominated Adviser

Ben Jeynes 

Peter Lynch

 

 

Tel: 44 (0)20 7220 0500

Zeus - Broker

Simon Johnson

 

 

Tel: 44 (0)20 3829 5000

Gneiss Energy Limited - Financial Adviser

Jon Fitzpatrick

Paul Weidman

Doug Rycroft

 

 

Tel: 44 (0)20 3983 9263

 

END

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