Business
Nervesa First Gas
Nervesa First Gas.
About this update from Sound Energy Plc
[{"type":"text","content":"\n \nRNS Number : 0803O Sound Energy PLC 04 February 2016 \n\n4 February 2016\n \nSound Energy plc\n(\"Sound Energy\" or the \"Company\")\n \nNervesa First Gas\nSound Energy, the Mediterranean focused upstream gas company, is pleased to announce that it has achieved first commercial production at the operated onshore Nervesa gas discovery on 3 February 2016. The Nervesa discovery was drilled successfully by the Company in 2013 and benefits from a gas sales agreement with the Shell Group. \nA further announcement confirming production rates will be made in due course, after the initial clean-up phase is completed and the stable flow rate has been assessed. \nThe Company's webcam will now depart Italy for Morocco, where the Company is approaching its first well at the Tendrara licence.\nJames Parsons, the Company's Chief Executive, commented:\n\"First gas at Nervesa is a landmark event for the Company, providing energy to a robust domestic market and further underpining our broader Mediteranean expansion.\" \n \nFor further information please contact:\n\n\n\n\nVigo Communications - PR Adviser\nPatrick d'Ancona\nChris McMahon \nAlexandra Roper\n \n\n\nTel: +44 (0)20 7016 9573\n\n\n\n\nSound Energy\nJames Parsons, Chief Executive Officer \n \n\n\[email protected]\n \n\n\n\n\nSmith & Williamson - Nominated Adviser\nAzhic Basirov\nDavid Jones\nBen Jeynes \n \n\n\nTel: +44 (0)20 7131 4000\n\n\n\n\nCantor Fitzgerald Europe - Broker\nSarah Wharry\nDavid Porter\n \n\n\nTel: +44 (0)20 7894 8896\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCSSLSULFMSEIE\n ","length":3838,"tagName":"div"}]