22 April 2013
Sound Oil plc
("Sound Oil" or "the Company")
Successful Rapagnano Commissioning
Sound Oil, the Italian focused upstream oil and gas company, is pleased to announce that on 19th April UNMIG (the Italian Ministry of Economic Development) completed a successful commissioning inspection of the onshore Rapagnano gas field, with the endorsement of the local fire brigade.
Gas production is expected to start before the end of the month.
James Parsons, Sound Oil's Chief Executive Officer, commented:
"We are pleased to report the successful commissioning and will shortly achieve the strategic milestones of first gas and first revenue. Rapagnano is one of our smaller assets however it establishes the Company as a gas producer and builds a foundation for further growth."
For further information please contact:
Sound Oil James Parsons, Chief Executive Officer
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j.parsons@soundoil.co.uk
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Smith & Williamson - Nominated Adviser Azhic Basirov David Jones
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Tel: +44 (0)20 7131 4000 |
Peel Hunt - Broker Richard Crichton Charles Batten
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Tel: +44 (0)20 7418 8900 |