Drilling Update - Nervesa Second Well

RNS Number : 6953N
Sound Oil PLC
20 May 2015
 

 

 

20 May 2015

 

Sound Oil plc

("Sound Oil" or the "Company")

 

Nervesa Total Depth and Logging Results

 

Sound Oil, the Mediterranean focused upstream oil and gas company, confirms that the second Nervesa appraisal well has reached Total Depth at 2,054 metres and that logging is now also complete. 

 

The Company confirms that mud log gas shows were recorded while drilling in the target reservoir zones within the Miocene San Dona Formation.  The wireline logging has confirmed the presence of various gas bearing levels.

 

Accordingly, the Company will now proceed to complete the well and to test the well thereafter, after which a further announcement will be made.

 

 

 

For further information please contact:

 

Sound Oil

James Parsons, Chief Executive Officer

 

j.parsons@soundoil.co.uk

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

 

Tel: +44 (0)20 7016 9573

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

 

Tel: +44 (0)20 7131 4000



Peel Hunt -Broker

Richard Crichton

Charles Batten

 

Tel: +44 (0)20 7418 8900





 

The information contained in this announcement and appendix has been reviewed by Sound Oil's Italian Managing Director, Luca Madeddu, a qualified petroleum geologist.


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