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Sound Energy PLC (SOU)

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Friday 15 June, 2018

Sound Energy PLC

TE-9 Well Location

RNS Number : 4785R
Sound Energy PLC
15 June 2018
 

15 June 2018

 

Sound Energy plc

("Sound Energy" or the "Company")

 

TE-9 Well Location

 

Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that it has now finalised the specific location of its approaching TE-9 exploration well which will target the A1 prospect in the Company's Tendrara-Lakbir permit, Eastern Morocco.

 

The Company believes that the additional geophysical and geological analysis undertaken utilising data acquired from the most recent seismic acquisition and processing has sufficiently de-risked the prospect to allow the Company to proceed with drilling and the Company will now secure partner approvals and then commence ground works.

 

This first well, of a planned three well campaign, is intended to drill both the TAGI as the primary target and the underlying Paleozoic as the secondary target.

 

 

 

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 

 

[email protected]

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC - Joint Broker

Matthew Coakes

Martin Copeland

Laura White

 

Tel: +44 (0)20 7653 4000

Macquarie Capital (Europe) Limited - Joint Broker

Alex Reynolds

Nick Stamp

Tel: +44 (0)20 3031 2000

 

 

 

 


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