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Pin to quick picksSound Energy Regulatory News (SOU)

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Market Cap: £4.35m
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TE-9 First Casing Point (RNS Reach)

26 Oct 2018 07:00

RNS Number : 2421F
Sound Energy PLC
26 October 2018
 

 

26 October 2018

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Eastern Morocco : TE-9 First Casing Point 

 

Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that the first well in the current three exploration well programme, TE-9, has now been drilled to the first casing point at a measured depth ("MD") of 352 metres and that the 13 3/8" casing has been set and cemented in the top of a series of Middle Jurassic Dolomite and Limestones. The Company will now proceed to drill towards the second casing point at an MD of approximately 2300 metres.

 

The Company looks forward to updating investors on achievement of each of the second casing point (9 5/8" casing), the setting of a 7" liner (if required) and achievement of total depth.

 

The Company also confirms the fourth quarter investor presentation is now available on its website.

 

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

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon 

Kate Rogucheva

 

Tel: +44 (0)20 7390 0230

Sound Energy

James Parsons, Chief Executive Officer 

JJ Traynor, Chief Financial Officer

 

j.parsons@soundenergyplc.com

jj.traynor@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC Capital Markets - Joint Broker

Matthew Coakes

Martin Copeland

Tel: +44 (0)20 7653 4000

Macquarie Capital (Europe) Limited - Joint Broker

Alex Reynolds

Nick Stamp

Tel: +44 (0)20 3031 2000

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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