9th Feb 2016 10:00
LONDON (Alliance News) - Sound Energy PLC on Tuesday said clean-up operations at the onshore Nervesa gas discovery continue following first gas on February 3.
Early production has been limited to an initial rate of 1.0 million standard cubic feet of gas per day during daytime hours and 0.7 MMscf per day overnight, Sound Energy said, adding that it will begin ramping up production levels over the coming months to the planned production rate of 1.8MMscf per day.
Shares in Sound Energy were trading down 2.3% at 18.08 pence on Tuesday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Sound Energy