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Sound Energy PLC (SOU)

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Wednesday 17 October, 2018

Sound Energy PLC

Eastern Morocco: Commencement of Drilling at TE-9

RNS Number : 2560E
Sound Energy PLC
17 October 2018
 

17 October 2018

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Eastern Morocco : Commencement of Drilling at TE-9

 

Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that the drilling at TE-9, the first well of a planned three exploration well campaign in Eastern Morocco, is intended to commence later today. 

 

The TE-9 well will test the A1 prospect in the Company's Greater Tendrara permit and is  located approximately 19 kilometres to the northwest of the recently awarded Tendrara production concession.

 

The TE-9 main well bore will be drilled and logged to a true vertical depth of approximately 3,022 metres, is intended to drill both the TAGI as the primary target and the underlying Paleozoic as the secondary target and is expected to take between 35 to 45 days. 

 

The Company looks forward to updating investors on achievement of each of two casing points (13 3/8" casing and 9 5/8" casing), the setting of a 7" liner (if required) and achievement of total depth.  Investors will be able to observe live operations through the Company's webcam, available on the Company's 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: +44 (0)20 7390 0230

Sound Energy

James Parsons, Chief Executive Officer 

JJ Traynor, Chief Financial Officer

 

[email protected]

[email protected]   

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC Capital Markets - 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

 

 

 


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