15th Jun 2018 07:00
15 June 2018
Sound Energy plc
("Sound Energy" or the "Company")
TE-9 Well Location
Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that it has now finalised the specific location of its approaching TE-9 exploration well which will target the A1 prospect in the Company's Tendrara-Lakbir permit, Eastern Morocco.
The Company believes that the additional geophysical and geological analysis undertaken utilising data acquired from the most recent seismic acquisition and processing has sufficiently de-risked the prospect to allow the Company to proceed with drilling and the Company will now secure partner approvals and then commence ground works.
This first well, of a planned three well campaign, is intended to drill both the TAGI as the primary target and the underlying Paleozoic as the secondary target.
For further information please contact:
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Kate Rogucheva
| Tel: +44 (0)20 7390 0230 | |
Sound Energy James Parsons, Chief Executive Officer
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Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes
| Tel: +44 (0)20 7131 4000 | |
RBC - Joint Broker Matthew Coakes Martin Copeland Laura White
| Tel: +44 (0)20 7653 4000 | |
Macquarie Capital (Europe) Limited - Joint Broker Alex Reynolds Nick Stamp | Tel: +44 (0)20 3031 2000
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