SOUND ENERGY PLC

Regulatory Filings • Sep 20, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

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 - PR Adviser Patrick d'Ancona Chris McMahon Alexandra Roper	Tel: +44 (0)20 7830 9700
Sound Energy James Parsons, Chief Executive Officer	j.parsons@soundenergyplc.com
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: +44 (0)20 7131 4000
Cantor Fitzgerald Europe - Broker Sarah Wharry David Porter	Tel: +44 (0)20 7894 8896

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLUKONRNUAKAAR