Update re Badile

RNS Number : 0015I

Sound Energy PLC

14 June 2017

 

14 June 2017

Sound Energy plc

("Sound Energy" or the "Company")

Update re Badile

Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the drilling of the Badile exploration well, onshore Italy.

The Badile well has reached the primary Conchodon dolomitic reservoir target at 4,375m measured depth ("MD").  Significant gas shows were encountered at 4,375m MD. Gas chromatograph data indicated C1 (methane) to C5 (pentane) gas components.

Drilling in the 8.5" hole section has now been temporarily paused, ahead of running the 7" liner, after which drilling will continue to the bottom of the reservoir. The Company cautions that gas shows, despite being a positive initial indication, should not be considered conclusive until drilling and logging is complete.

A further announcement will be made, as appropriate, in due course.

For further information please contact:

Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Alexandra Roper	Tel: [phone]
Sound Energy James Parsons, Chief Executive Officer	[e-mail]
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: [phone]
RBC - Broker Matthew Coakes Martin Copeland Laura White	Tel: [phone]

The information contained in this announcement has been reviewed by Sound Energy's Executive Vice President, Brian Mitchener, a chartered petroleum geologist.

 

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