SOUND ENERGY PLC

Capital/Financing Update • May 31, 2024

National Storage Mechanism | Additional information

RNS Number : 6265Q

Sound Energy PLC

31 May 2024

31 May 2024

Sound Energy plc

("Sound Energy", the "Company" and together with its subsidiary undertakings the "Group")

Mobilisation of Rig for Work Over Operations

Sound Energy, (AIM: SOU), the transition energy company, is pleased to announce the mobilisation of the Star Valley Rig 101 to the Tendrara Production Concession to conduct planned work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro LNG plant currently under construction at site by Italfluid Geoenergy S.r.l..

In December 2023, the Company successfully completed the preparatory work over operations by installing production packers in both wells with a wireline unit. The currently planned work over operations will comprise pulling the existing completion tubing and running new corrosion resistant completion tubing utilising the Star Valley Rig 101 which is expected to arrive on site the first week of June 2024.  In addition, the existing TE-6 and TE-7 Christmas trees will be replaced with replacements containing the necessary corrosion resistant components. 

Further announcements will be made, as appropriate, in due course.

For further information visit www.soundenergyplc.com follow on X @soundenergyplc, LinkedIn, or contact:

Flagstaff Strategic and Investor Communications Tim Thompson Mark Edwards Alison Allfrey	Tel: 44 (0)20 129 1474 sound@flagstaffcomms.com
Sound Energy Graham Lyon, Executive Chairman	chairman@soundenergyplc.com
Cavendish Capital Markets - Nominated Adviser Ben Jeynes  Peter Lynch	Tel: 44 (0)20 7220 0500
Zeus - Broker	Tel: 44 (0)20 3829 5000
Simon Johnson
Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick Paul Weidman Doug Rycroft	Tel: 44 (0)20 3983 9263

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDUARBRSUUVORR