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1.70 0.015 (0.89%)

Bid:

1.60

Ask:

1.80

Spread: 0.20 (12.50%)

Market Cap: £3.88m

Last checked at -

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Response to Press Comment

15 Nov 2010 08:00

RNS Number : 1457W

Sound Oil PLC

15 November 2010

For immediate release 15 November 2010

Sound Oil plc

Response to Press Comment

Sound Oil plc notes the speculation in the FT over the weekend and can confirm that the company is in discussions to acquire Consul Oil and Gas, which owns a portfolio of Italian appraisal, development and exploration assets, and simultaneously undertake a placing to raise working capital for the enlarged group. The transaction is not deemed a reverse takeover under the AIM Rules for Companies. Discussions are ongoing and a further announcement will be made in due course.

Enquiries:

Sound Oil plc Tel: 07903 861 145

Gerry Orbell, Chairman

finnCap Tel: 020 7600 1658

Sarah Wharry / Henrik Persson (corporate finance)

Tom Jenkins / Joanna Weaving (corporate broking)

Buchanan Communications

Tim Thompson Tel: 020 7466 5000

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPCGGGWGGUPUPUC

Date		Source	Headline
5th Feb 2010	5:33 pm	RNS	Director/PDMR Shareholding
4th Feb 2010	5:58 pm	RNS	Director/PDMR Shareholding
4th Feb 2010	4:20 pm	RNS	Director/PDMR Shareholding
3rd Feb 2010	5:37 pm	RNS	Director/PDMR Shareholding
2nd Feb 2010	5:23 pm	RNS	Director/PDMR Shareholding
28th Jan 2010	4:36 pm	RNS	Director/PDMR Shareholding
28th Jan 2010	2:18 pm	RNS	Director/PDMR Shareholding
27th Jan 2010	6:07 pm	RNS	Holding(s) in Company
27th Jan 2010	6:05 pm	RNS	Director/PDMR Shareholding
27th Jan 2010	3:41 pm	RNS	Director/PDMR Shareholding
27th Jan 2010	12:16 pm	RNS	Director/PDMR Shareholding
26th Jan 2010	12:00 pm	RNS	Directors' dealing intentions
26th Jan 2010	11:20 am	RNS	Operations Update Citarum PSC
25th Jan 2010	11:50 am	RNS	Share price movement
16th Dec 2009	9:05 am	RNS	Director/PDMR Shareholding
14th Dec 2009	4:21 pm	RNS	Director/PDMR Shareholding
11th Dec 2009	6:06 pm	RNS	Director/PDMR Shareholding
8th Dec 2009	2:49 pm	RNS	Director/PDMR Shareholding
4th Dec 2009	7:30 am	RNS	Re-admission
4th Dec 2009	7:30 am	RNS	Restoration - Sound Oil plc
20th Oct 2009	7:30 am	RNS	Suspension - Sound Oil plc
20th Oct 2009	7:30 am	RNS	Possible acquisition
16th Oct 2009	5:08 pm	RNS	Stmnt re Share Price Movement
9th Oct 2009	7:00 am	RNS	Holding(s) in Company
6th Oct 2009	11:57 am	RNS	Posting of Interim Report
28th Sep 2009	7:00 am	RNS	Half Yearly Report
2nd Sep 2009	7:00 am	RNS	Operations update
29th Jul 2009	2:10 pm	RNS	Result of AGM
30th Jun 2009	8:25 am	RNS	Posting of results
24th Jun 2009	7:00 am	RNS	Final Results
9th Jun 2009	9:28 am	RNS	Holding(s) in Company
6th May 2009	11:00 am	RNS	Operations Update
16th Jan 2009	2:42 pm	RNS	Director/PDMR Shareholding
9th Dec 2008	6:14 pm	RNS	Operations update
13th Nov 2008	7:00 am	RNS	Operations Update
10th Oct 2008	3:11 pm	RNS	Holding(s) in Company
30th Sep 2008	3:06 pm	RNS	Holding(s) in Company
29th Sep 2008	7:00 am	RNS	Interim Results
15th Sep 2008	2:25 pm	RNS	Holding(s) in Company
1st Aug 2008	12:32 pm	RNS	AGM Statement
30th Jun 2008	5:57 pm	RNS	Accounts availability and Tak
20th Jun 2008	7:00 am	RNS	Final Results
18th Jun 2008	4:28 pm	RNS	Project Update
8th May 2008	12:01 pm	RNS	Project Update
23rd Apr 2008	4:11 pm	RNS	Holding(s) in Company
18th Mar 2008	1:28 pm	RNS	Project Update
7th Dec 2007	12:51 pm	RNS	Director/PDMR Shareholding
23rd Nov 2007	5:33 pm	RNS	Director/PDMR Shareholding
9th Nov 2007	1:29 pm	RNS	Holding(s) in Company
2nd Nov 2007	4:26 pm	RNS	Director/PDMR Shareholding

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