Sound Energy PLC Eastern Morocco: Commencement of Drilling at TE-9 (2560E)
October 17 2018 - 1:00AM
UK Regulatory
TIDMSOU
RNS Number : 2560E
Sound Energy PLC
17 October 2018
17 October 2018
Sound Energy plc
("Sound Energy" or the "Company")
Eastern Morocco : Commencement of Drilling at TE-9
Sound Energy, the Moroccan focused upstream gas company, is
pleased to confirm that the drilling at TE-9, the first well of a
planned three exploration well campaign in Eastern Morocco, is
intended to commence later today.
The TE-9 well will test the A1 prospect in the Company's Greater
Tendrara permit and is located approximately 19 kilometres to the
northwest of the recently awarded Tendrara production
concession.
The TE-9 main well bore will be drilled and logged to a true
vertical depth of approximately 3,022 metres, is intended to drill
both the TAGI as the primary target and the underlying Paleozoic as
the secondary target and is expected to take between 35 to 45
days.
The Company looks forward to updating investors on achievement
of each of two casing points (13 3/8" casing and 9 5/8" casing),
the setting of a 7" liner (if required) and achievement of total
depth. Investors will be able to observe live operations through
the Company's webcam, available on the Company's website.
Further announcements will be made, as appropriate, in due
course.
For further information please contact:
Vigo Communications - PR Adviser Tel: +44 (0)20 7390 0230
Patrick d'Ancona
Chris McMahon
Kate Rogucheva
Sound Energy j.parsons@soundenergyplc.com
James Parsons, Chief Executive Officer jj.traynor@soundenergyplc.com
JJ Traynor, Chief Financial Officer
Smith & Williamson - Nominated Adviser Tel: +44 (0)20 7131 4000
Azhic Basirov
David Jones
Ben Jeynes
RBC Capital Markets - Joint Broker Tel: +44 (0)20 7653 4000
Matthew Coakes
Martin Copeland
Macquarie Capital (Europe) Limited Tel: +44 (0)20 3031 2000
- Joint Broker
Alex Reynolds
Nick Stamp
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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.
END
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