For immediate release 17 May 2011
SOUND OIL PLC
("Sound Oil" or "the Company"")
Operations Update on Marciano-1ST Well
Further to the announcement on 16 March 2011, the directors of the Company (the "Directors") are pleased to announce that the Company has today received all permissions required from the relevant authorities to undertake the planned completion operation of the Marciano-1ST well, located on its Fonte San Damiano Concession. The drilling rig, and other necessary services, will now be mobilised in order to commence operations.
Apennine Energy holds a 99% working interest in the Fonte San Damiano concession located in Basilicata which contains the Marciano discovery.
For further information please contact:
Sound Oil Gerald Orbell, Chief Executive Tony Heath, Finance Director |
Tel: +44 (0)1372 371010 Tel: +44 (0)1372 371010
|
Buchanan Communications Tim Thompson Ben Romney |
Tel: +44 (0)207 466 5000
|
finnCap Sarah Wharry Henrik Persson |
Tel: +44 (0)207 600 1658 |