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SOUND ENERGY PLC

Regulatory Filings Apr 2, 2019

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Regulatory Filings

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National Storage Mechanism | Additional information

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RNS Number : 8890U

Sound Energy PLC

02 April 2019

2 April 2019

Sound Energy plc

("Sound Energy" or the "Company")

TE10 : Rigless Well Testing Timing Update

Sound Energy, the Moroccan focused upstream gas company, provides a further update on operations in Eastern Morocco, following the Company's announcement of 18 February 2019.  The Company previously announced a discovery, and a planned stimulated well test, at TE-10, the second well in Sound Energy's current three well exploration programme in the Greater Tendrara area, onshore Morocco.

As confirmed in the Company's announcement of 21 March 2019, testing operations at TE-10 are underway and continue. The test programme involves rigless re-entry of the TE-10 well, acquisition of cement bond log information, and both unstimulated and stimulated flow tests on multiple intervals. The Company is anticipating the arrival of Coiled Tubing from Tunisia prior to perforating and initiating the unstimulated tests, followed by the stimulated flow test. 

Sound Energy looks forward to updating shareholders via regulatory news service ("RNS"), as appropriate, in due course.

For further information please contact:

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon
Tel: +44 (0)20 7390 0230
Sound Energy

James Parsons, Chief Executive Officer 

JJ Traynor, Chief Financial Officer
[email protected]
Cenkos Securities - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes
Tel: +44 (0)20 7397 8900
RBC - 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

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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