24th Apr 2015 07:55
LONDON (Alliance News) - Sound Oil PLC on Friday said it has started drilling at the second well at the Nervesa site in the Veneto Region, onshore Italy.
The oil and gas company said site preparations were started earlier this month, and the well was spudded on Thursday. Drilling is expected to reach a total measured depth of 2,054 metres, and the drilling programme is expected to be completed in approximately 40 days, Sound Oil said.
Shares in Sound Oil were up 1.7% to 20.60 pence on Friday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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