Operations Update

RNS Number : 0172Z
Sound Oil PLC
09 March 2012
 



9 March 2012

 

Sound Oil plc

("Sound Oil" or "the Company")

 

Operations Update - Casa Tiberi-1, Italy

 

Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces that the current testing of the Casa Tiberi-1 well has been successfully concluded.  The well flowed as planned at a stabilised rate of 8,000 scmd (0.28 MMscfd) on a 8/64ths inch choke with a flowing tubing head pressure of 54 bar.  The results will now be analysed and reviewed with the authorities.

 

 

 

 

For further information please contact:

 

Sound Oil

Gerry Orbell, Chairman & Chief Executive

Mike Cope, Chief Operating Officer

 

Tel: +44 (0)1372 365745

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

 

Tel: +44 (0)20 7131 4000

Investec - Broker

David Flin

 

Tel: +44 (0)20 7597 4000

Buchanan - Financial PR

Tim Thompson

Ben Romney

Helen Chan

 

Tel: +44 (0)20 7466 5000

 

 

The information contained in this announcement has been reviewed by Sound Oil's Chief Operating Officer, Dr M. J. Cope BSc PhD CGeol FGS, a qualified petroleum geologist. "scmd" means standard cubic metres per day; "MMscfd" means millions of standard cubic feet per day.

 


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