TIDMSOU

Sound Oil PLC

06 August 2015

6 August 2015

Sound Oil plc

("Sound Oil" or the "Company")

Sound Oil signs a gas sales agreement with Shell Energy Italia

Sound Oil, the Mediterranean focused upstream gas company is pleased to announce the signature of a gas sales agreement for the Casa Tonetto production concession, which includes the Nervesa gas field, with Shell Energy Italia, the local arm of Shell Energy Europe, which is Shell's gas, power and emissions trading entity in Europe.

The Agreement follows the recent Casa Tonetto production concession award and includes a pricing mechanism that enables Sound Oil to manage its risk/reward balance.

James Parsons, Sound Oil's Chief Executive Officer, commented:

"I am very pleased to report the signature of the gas sales agreement, which increases our exposure to Italian gas market and represents the first relationship with the Shell Group"

For further information please contact:

 
 Vigo Communications - PR                    Tel: +44 (0)20 
  Adviser                                         7016 9573 
  Patrick d'Ancona 
  Chris McMahon 
  Alexandra Roper 
 Sound Oil                         j.parsons@soundoil.co.uk 
  James Parsons, Chief Executive 
  Officer 
 Smith & Williamson - Nominated              Tel: +44 (0)20 
  Adviser                                         7131 4000 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
 Peel Hunt - Broker                          Tel: +44 (0)20 
  Richard Crichton                                7418 8900 
  Charles Batten

This information is provided by RNS

The company news service from the London Stock Exchange

END

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