Further Update re TE-10: Rigless Well Testing

RNS Number : 3206X

Sound Energy PLC

29 April 2019

 

29 April 2019

Sound Energy plc

("Sound Energy" or the "Company")

Further Update re TE-10: Rigless Well Testing

Sound Energy, the Moroccan focused upstream gas company, provides a further update on operations in Eastern Morocco, following the Company's announcement of 2 April 2019.  The Company previously announced a discovery, and a planned stimulated well test, at TE-10, the second well in Sound Energy's current three well exploration programme in the Greater Tendrara area, onshore Morocco. The test programme involves rigless re-entry of the TE-10 well, and both unstimulated and stimulated flow tests on multiple intervals.

The Company confirms that the previously anticipated coiled tubing required for the next stage of operations has now arrived on site. The Company will now progress towards perforating and initiating the unstimulated tests, followed by the stimulated flow test

Sound Energy looks forward to updating shareholders via regulatory news service ("RNS"), as appropriate, in due course.

For further information please contact:

Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon	Tel: [phone]
Sound Energy James Parsons, Chief Executive Officer  JJ Traynor, Chief Financial Officer	[e-mail]
Cenkos Securities - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: [phone]
RBC - Joint Broker Matthew Coakes Martin Copeland	Tel: [phone]
Macquarie Capital (Europe) Limited - Joint Broker Alex Reynolds Nick Stamp	Tel: [phone]

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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