21 April 2016
Sound Energy plc
("Sound Energy" or the "Company")
Tendrara - Drilling Commences
Sound Energy, the European / Mediterranean focused upstream oil and gas company, is pleased to confirm the commencement of drilling of the first well at Tendrara, onshore Morocco.
With the rig-up completed on 15 April, the well was spud on 20 April 2016. Drilling is expected to reach a total measured depth of 2640 metres with the drilling programme anticipated to include coring, logging, completion and testing.
The Company looks forward to updating shareholders on the achievement of each of the three casing points and achievement of TD. The final results of the well will be announced after the end of drilling and testing operations, approximately 80 days after the spud day.
James Parsons, Chief Executive, commented:
"I am pleased to report that drilling of our first well in Morocco has now commenced. This well is a significant milestone for our Company and we expect it to both unlock Eastern Morocco's regional gas play and significantly broaden Sound Energy's resource base."
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 |
[email protected] |
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes |
Tel: +44 (0)20 7131 4000 |
Cantor Fitzgerald Europe - Broker Sarah Wharry David Porter |
Tel: +44 (0)20 7894 8896 |
