Sound Energy PLC Update re Badile (0015I)

TIDMSOU

RNS Number : 0015I

Sound Energy PLC

14 June 2017

Sound Energy plc

("Sound Energy" or the "Company")

Update re Badile

Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the drilling of the Badile exploration well, onshore Italy.

The Badile well has reached the primary Conchodon dolomitic reservoir target at 4,375m measured depth ("MD"). Significant gas shows were encountered at 4,375m MD. Gas chromatograph data indicated C1 (methane) to C5 (pentane) gas components.

Drilling in the 8.5" hole section has now been temporarily paused, ahead of running the 7" liner, after which drilling will continue to the bottom of the reservoir. The Company cautions that gas shows, despite being a positive initial indication, should not be considered conclusive until drilling and logging is complete.

A further announcement will be made, as appropriate, in due course.

For further information please contact:

 
 Vigo Communications - PR Adviser              Tel: +44 (0)20 7830 9700 
  Patrick d'Ancona 
  Chris McMahon 
  Alexandra Roper 
 Sound Energy                              j.parsons@soundenergyplc.com 
  James Parsons, Chief Executive Officer 
 Smith & Williamson - Nominated Adviser        Tel: +44 (0)20 7131 4000 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
 RBC - Broker                                  Tel: +44 (0)20 7653 4000 
  Matthew Coakes 
  Martin Copeland 
  Laura White

The information contained in this announcement has been reviewed by Sound Energy's Executive Vice President, Brian Mitchener, a chartered petroleum geologist.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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