Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSound Energy Regulatory News (SOU)

Share Price Information for Sound Energy (SOU)

Share Price is delayed by 15 minutes
Get Live Data
2.00    0.15 (8.11%)
Bid:
1.90
Ask:
2.10
Spread: 0.20 (10.526%)
Market Cap: £4.57m
SOU Live PriceLast checked at - London Stock Exchange

Intraday Sound Energy Share Chart

Update re Badile

14 Jun 2017 07:00

RNS Number : 0015I
Sound Energy PLC
14 June 2017
 

14 June 2017

Sound Energy plc

("Sound Energy" or the "Company")

 

Update re Badile

 

Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the drilling of the Badile exploration well, onshore Italy.

 

The Badile well has reached the primary Conchodon dolomitic reservoir target at 4,375m measured depth ("MD"). Significant gas shows were encountered at 4,375m MD. Gas chromatograph data indicated C1 (methane) to C5 (pentane) gas components.

 

Drilling in the 8.5" hole section has now been temporarily paused, ahead of running the 7" liner, after which drilling will continue to the bottom of the reservoir. The Company cautions that gas shows, despite being a positive initial indication, should not be considered conclusive until drilling and logging is complete.

 

A further announcement will be made, as appropriate, in due course.

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

Tel: +44 (0)20 7830 9700

Sound Energy

James Parsons, Chief Executive Officer 

 

j.parsons@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC - Broker

Matthew Coakes

Martin Copeland

Laura White

Tel: +44 (0)20 7653 4000

 

The information contained in this announcement has been reviewed by Sound Energy's Executive Vice President, Brian Mitchener, a chartered petroleum geologist.

 

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLOKNDNOBKDDAD
Date   Source Headline
2nd Apr 20194:03 pmRNSTE10: Rigless Well Testing Timing Update
1st Apr 201910:07 amRNSTVR and Block Admission Interim Review
25th Mar 20197:00 amRNSTendrara: Update on TE-7 Connected Gas Volume
21st Mar 20197:00 amRNSFinal Results
7th Mar 20197:00 amRNSUpdate re Gas Sales Agreement
28th Feb 20192:30 pmRNSTotal Voting Rights
18th Feb 20197:00 amRNSTE-10: Net Pay Upgrade and Volume Estimates
28th Jan 20197:00 amRNSEastern Morocco Operations Update
25th Jan 20194:40 pmRNSSecond Price Monitoring Extn
25th Jan 20194:35 pmRNSPrice Monitoring Extension
7th Jan 20197:00 amRNSEastern Morocco: Further TE-10 Update
2nd Jan 20193:00 pmRNSTotal Voting Rights
27th Dec 20187:00 amRNSEastern Morocco: TE-10 Drilling Update
12th Dec 20187:00 amRNSChange of Adviser following Acquisition
7th Dec 20187:00 amRNSEastern Morocco: Commencement of Drilling at TE-10
30th Nov 20181:44 pmRNSTotal Voting Rights
23rd Nov 20187:00 amRNSIssue of Equity
19th Nov 20187:00 amRNSEastern Morocco: TE-9 Results
14th Nov 20183:27 pmRNSTE-9 Total Depth (RNS Reach)
5th Nov 20187:00 amRNSTE-9 Second Casing Point (RNS Reach)
31st Oct 20183:00 pmRNSTotal Voting Rights
26th Oct 20187:00 amRNSTE-9 First Casing Point (RNS Reach)
17th Oct 20187:00 amRNSEastern Morocco: Commencement of Drilling at TE-9
16th Oct 20187:00 amRNSGreater Tendrara Petroleum Agreement
11th Oct 201811:14 amRNSShare Price Movement and Operational Update
1st Oct 20185:29 pmRNSTVR and Block Admission Interim Review
26th Sep 201810:17 amRNSDirector/PDMR Shareholding and Issue of Equity
13th Sep 20187:00 amRNSHalf-year Report
6th Sep 20187:00 amRNSEastern Morocco: Award of Production Concession
31st Aug 20182:25 pmRNSTotal Voting Rights
31st Aug 20187:00 amRNSEastern Morocco: New Petroleum Agreement
21st Aug 20187:00 amRNSEastern Morocco: Seismic completion
13th Aug 20187:00 amRNSTE-9: Rig Mobilisation
1st Aug 20184:42 pmRNSTotal Voting Rights
24th Jul 20187:00 amRNSTE-9: Commencement of Civil Works
23rd Jul 20187:00 amRNSUpdate re Eastern Morocco
11th Jul 20187:00 amRNSDirectorate Change
2nd Jul 20187:00 amRNSPlacing and TVR
29th Jun 20187:00 amRNSEastern Morocco: New Basin Model
15th Jun 20187:00 amRNSTE-9 Well Location
8th Jun 20187:00 amRNSEastern Morocco: Concession Application
7th Jun 20187:01 amRNSEastern Morocco: FEED Award
6th Jun 20187:00 amRNSTendrara: EIA Approval for TE-9 and TE-10
5th Jun 20187:00 amRNSSidi Moktar: Ministry Approval & Farm Out Process
4th Jun 20187:00 amRNSFinal CPR: A1 Prospect (TE-9)
31st May 20184:25 pmRNSTotal Voting Rights
24th May 20182:17 pmRNSResult of AGM
14th May 20187:00 amRNSDirectorate Change
30th Apr 20183:00 pmRNSTotal Voting Rights
30th Apr 20182:21 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.