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 |
[email protected] |
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.
