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Operations Update

1 Aug 2011 12:18

RNS Number : 4866L
Sound Oil PLC
01 August 2011
 



1 August 2011

 

Sound Oil plc

("Sound Oil" or "the Company")

 

Operations Update - Badile seismic

 

 

Sound Oil is pleased to announce that it has received a preliminary report from consultants ERC-Equipoise on the interpretation of 3D seismic data on its Badile permit, northern Italy. The results confirm the structural integrity and original prospective resource estimation of the Badile prospect at the Triassic carbonate level. The data will now be examined in detail to determine an optimum well location for future drilling.

 

Details of further progress made with the development of this resource will be announced in due course.

 

For further information please contact:

 

Sound Oil

Gerry Orbell, Chief Executive

Michael Cope, Chief Operating Officer

 

Tel: +44 (0)1372 365745

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

 

Tel: +44 (0)20 7131 4000

Investec - Broker

Charles Batten

David Flin

Adam Strachan

 

Tel: +44 (0)20 7597 4000

Buchanan Communications

Tim Thompson

Ben Romney

Helen Chan

 

Tel: +44 (0)20 7466 5000

 

 

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