Sound Energy PLC Badile: Commencement of Civil Works (2507K)
20 September 2016 - 4:00PM
UK Regulatory
TIDMSOU
RNS Number : 2507K
Sound Energy PLC
20 September 2016
20 September 2016
Sound Energy plc
("Sound Energy" or the "Company")
Badile: Commencement of Civil Works
Sound Energy, the European and African focused upstream company,
is pleased to confirm the commencement of civil works at the Badile
exploration well site, onshore Northern Italy. The rig is expected
to be mobilised during Q4 2016 with a view to drilling commencing
around the end of the year.
Investors are invited to observe operations on site through the
Company's webcam, which is expected to go-live later this week.
James Parsons, Chief Executive Officer, commented:
"Following our recent success in Morocco, I am pleased to
initiate the countdown to our second Strategic Play. Badile is a
material gas prospect and one of our largest and most strategic
assets. I look forward to this opportunity to repeat our success at
Tendrara."
For further information please contact:
Vigo Communications - Tel: +44 (0)20 7830
PR Adviser 9700
Patrick d'Ancona
Chris McMahon
Alexandra Roper
Sound Energy j.parsons@soundenergyplc.com
James Parsons, Chief Executive
Officer
Smith & Williamson - Nominated Tel: +44 (0)20 7131
Adviser 4000
Azhic Basirov
David Jones
Ben Jeynes
Cantor Fitzgerald Europe Tel: +44 (0)20 7894
- Broker 8896
Sarah Wharry
David Porter
This information is provided by RNS
The company news service from the London Stock Exchange
END
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