1 August 2011
Sound Oil plc
("Sound Oil" or "the Company")
Operations Update - Badile seismic
Sound Oil is pleased to announce that it has received a preliminary report from consultants ERC-Equipoise on the interpretation of 3D seismic data on its Badile permit, northern Italy. The results confirm the structural integrity and original prospective resource estimation of the Badile prospect at the Triassic carbonate level. The data will now be examined in detail to determine an optimum well location for future drilling.
Details of further progress made with the development of this resource will be announced in due course.
For further information please contact:
Sound Oil Gerry Orbell, Chief Executive Michael Cope, Chief Operating Officer
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Tel: +44 (0)1372 365745
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Smith & Williamson - Nominated Adviser Azhic Basirov David Jones
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Tel: +44 (0)20 7131 4000 |
Investec - Broker Charles Batten David Flin Adam Strachan
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Tel: +44 (0)20 7597 4000 |
Buchanan Communications Tim Thompson Ben Romney Helen Chan
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Tel: +44 (0)20 7466 5000
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