SOUND ENERGY PLC

Regulatory Filings • Jul 18, 2016

National Storage Mechanism | Additional information

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

RNS Number : 4637E

Sound Energy PLC

18 July 2016

18 July 2016

Sound Energy plc

("Sound Energy" or the "Company")

Tendrara Update

Following the recent share price increase, Sound Energy, the European / Mediterranean focused upstream gas company, is pleased to update the market on continued positive developments at the Company's Tendrara licence.

The Company continues with rigless operations and, having now secured contact with a significant portion of the net pay, is pleased to announce that it has already achieved a very significant gas flow rate which is in the process of stabilising during the clean up process. The rate is already highly commercial and well above initial expectations. The Company will now finalise the rigless operations and make further announcements, as anticipated, within approximately two weeks time.

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

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

The information contained in this announcement has been reviewed by Sound Energy's Moroccan Managing Director, Luca Madeddu, a qualified petroleum geologist. 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUWVRRNWABAAR