Drilling Update - Nervesa Second Well

RNS Number : 6953N

Sound Oil PLC

20 May 2015

 

20 May 2015

Sound Oil plc

("Sound Oil" or the "Company")

Nervesa Total Depth and Logging Results

Sound Oil, the Mediterranean focused upstream oil and gas company, confirms that the second Nervesa appraisal well has reached Total Depth at 2,054 metres and that logging is now also complete. 

The Company confirms that mud log gas shows were recorded while drilling in the target reservoir zones within the Miocene San Dona Formation.  The wireline logging has confirmed the presence of various gas bearing levels.

Accordingly, the Company will now proceed to complete the well and to test the well thereafter, after which a further announcement will be made.

For further information please contact:

Sound Oil James Parsons, Chief Executive Officer	[e-mail]
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon	Tel: [phone]
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: [phone]
Peel Hunt -Broker Richard Crichton Charles Batten	Tel: [phone]

The information contained in this announcement and appendix has been reviewed by Sound Oil's Italian Managing Director, Luca Madeddu, a qualified petroleum geologist.

 

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