Business
Announcement Following the AGM
Announcement Following the AGM.
About this update from Sound Energy Plc
[{"type":"text","content":"\n \nRNS Number : 2616J Sound Oil PLC 28 June 2011 \n \n\n\n\n\n\nFor immediate release\n\n\n28 June 2011\n\n\n\n\n \nSOUND OIL PLC\n(\"Sound Oil\" or \"the Company\"\")\n \nANNOUNCEMENT FOLLOWING THE AGM\n \nThe Chairman welcomed shareholders to the AGM and put the various resolutions to the meeting, which were duly passed.\n \nFollowing the formal part of the meeting the Chairman gave an update of the Company's present activities:\n \nMarciano gas field: the general geographical and technical setting was described together with the procedures of the current testing programme. The testing results are the subject of a separate announcement today.\n \nMontemarciano Farmin: the well planning is in progress and the civil works are to be completed by August 24th. An interim map has been made and this confirms the viability of the Casa Tiberi prospect which should be drilled during 4th quarter 2011.\n \nThe Nervesa and Montefano Gas Discoveries have been confirmed by preliminary re-mapping during the seismic acquisition process. An application to drill Nervesa will be submitted to the authorities during July with Montefano to follow.\n \nBadile: the 3D seismic data has been acquired and will be interpreted during July. In the meantime an application to drill will be submitted to the Ministry during July.\n \nThe authorities have assured the Company that the applications at Rapagnano and Costa del Sole are in hand and will be awarded shortly.\n \nIn Indonesia the Operator signed the Gas Sales and Supply Agreement for the Kerendan Gas Field today with the local electricity utility. A statement about this has been released.\n \nFor further information please contact:\n\n\n\n\nSound Oil\nGerald Orbell, Chairman\n \n\n\n Tel: +44 (0)7903 861 145 \n\n\n\n\nBuchanan Communications\nTim Thompson\nBen Romney \n \n\n\nTel: +44 (0)207 466 5000 \n \n\n\n\n\nfinnCap\nSarah Wharry\nHenrik Persson\n\n\nTel: +44 (0)207 600 1658\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END&nb...