TE-9 First Casing Point (RNS Reach)

RNS Number : 2421F

Sound Energy PLC

26 October 2018

 

26 October 2018

Sound Energy plc

("Sound Energy" or the "Company")

Eastern Morocco : TE-9 First Casing Point 

Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that the first well in the current three exploration well programme, TE-9, has now been drilled to the first casing point at a measured depth ("MD") of 352 metres and that the 13 3/8" casing has been set and cemented in the top of a series of Middle Jurassic Dolomite and Limestones.  The Company will now proceed to drill towards the second casing point at an MD of approximately 2300 metres.

The Company looks forward to updating investors on achievement of each of the second casing point (9 5/8" casing), the setting of a 7" liner (if required) and achievement of total depth. 

The Company also confirms the fourth quarter investor presentation is now available on its website.

Further announcements will be made, as appropriate, in due course.

For further information please contact:

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

 

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