SOUND ENERGY PLC

Regulatory Filings • Apr 5, 2016

National Storage Mechanism | Additional information

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RNS Number : 1278U

Sound Energy PLC

05 April 2016

5 April 2016

Sound Energy plc

(the "Company" or "Sound Energy")

Receipt of Indonesian Contingent Consideration

The Company announces that it has received a US$1.1 million (less 7% transfer tax) cash payment from Ophir Energy plc.  This payment was triggered by the achievement of various operational targets on the Bangkanai licence in Indonesia, previously owned by the Company.  The Company will announce any further receipts of contingent consideration if and when they are received.

For further information, please contact:

Vigo Communications - PR Adviser                                         Tel: +44 (0)20 7830 9700

Patrick d'Ancona

Chris McMahon

Alexandra Roper                             

Sound Energy                                                                               j.parsons@soundenergyplc.com

James Parsons, Chief Executive Officer

Smith & Williamson - Nominated Adviser                            Tel: +44 (0)20 7131 4000

Azhic Basirov

David Jones

Ben Jeynes

Cantor Fitzgerald Europe - Broker                                            Tel: +44 (0)20 7894 8896

Sarah Wharry

David Porter

This information is provided by RNS

The company news service from the London Stock Exchange

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