17th Oct 2018 09:18
LONDON (Alliance News) - Sound Energy PLC said Wednesday it will shortly start drilling at the TE-9 well in eastern Morocco.
Shares in the Moroccan-focused upstream gas company were trading up 4.0% at 37.47 pence each in London.
The TE-9 is the first of a three-well exploration campaign in the region. It will be logged to a vertical depth of 3,022 metres, and Sound said it intends to drill both the TAGI and the underlying Paleozoic targets.
Drilling is expected to take between 35 and 45 days.
Related Shares:
Sound Energy