TE10: Rigless Well Testing Timing Update

RNS Number : 8890U
Sound Energy PLC
02 April 2019
 

 

 

2 April 2019

 

Sound Energy plc

("Sound Energy" or the "Company")

 

TE10 : Rigless Well Testing Timing Update

 

Sound Energy, the Moroccan focused upstream gas company, provides a further update on operations in Eastern Morocco, following the Company's announcement of 18 February 2019.  The Company previously announced a discovery, and a planned stimulated well test, at TE-10, the second well in Sound Energy's current three well exploration programme in the Greater Tendrara area, onshore Morocco.

 

As confirmed in the Company's announcement of 21 March 2019, testing operations at TE-10 are underway and continue. The test programme involves rigless re-entry of the TE-10 well, acquisition of cement bond log information, and both unstimulated and stimulated flow tests on multiple intervals. The Company is anticipating the arrival of Coiled Tubing from Tunisia prior to perforating and initiating the unstimulated tests, followed by the stimulated flow test. 

 

Sound Energy looks forward to updating shareholders via regulatory news service ("RNS"), as appropriate, in due course.

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

 

Tel: +44 (0)20 7390 0230

Sound Energy

James Parsons, Chief Executive Officer 

JJ Traynor, Chief Financial Officer

questions@soundenergyplc.com

 

 

 

Cenkos Securities - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7397 8900

RBC - Joint Broker

Matthew Coakes

Martin Copeland

 

Tel: +44 (0)20 7653 4000

Macquarie Capital (Europe) Limited - Joint Broker

Alex Reynolds

Nick Stamp

Tel: +44 (0)20  3031 2000

 

 

 

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

 

 


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