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Start of Casa Tiberi-1 Exploration Well, Italy
Start of Casa Tiberi-1 Exploration Well, Italy.
About this update from Sound Energy Plc
[{"type":"text","content":"\n \nRNS Number : 7541Q Sound Oil PLC 25 October 2011 \n \n\n \n25 October 2011\nSound Oil plc\n(\"Sound Oil\" or \"the Company\")\n \nStart of Casa Tiberi-1 Exploration Well, Italy\n \nSound Oil, the upstream oil and gas company with assets in Italy and Indonesia, is pleased to announce that Hydro Drilling International have mobilised the MR4000 drilling rig to the Casa Tiberi-1 wellsite, located at Falconara, Ancona, central Italy. Rigging up is expected to take five days and drilling operations are expected to start within one week.\n \nCasa Tiberi-1 will be drilled to a total depth of 700 m to test the hydrocarbon potential of Pliocene sands. The well is expected to take 10 days to complete.\n \nCommenting on this news Gerry Orbell, Sound Oil's Chairman and Chief Executive Officer, said:\n \n\"Casa Tiberi-1 will be the Company's first operated exploration well and the start of a very active operations programme over the next year. This programme is expected to involve three operations in Italy, five exploration wells in Indonesia and the development of the Kerendan gas field.\"\n \n \n \nFor further information please contact:\n \n\n\n\n\nSound Oil\nGerry Orbell, Chairman and Chief Executive\nMichael Cope, Chief Operating Officer\n \n\n\nTel: +44 (0)1372 365745\n \n\n\n\n\nSmith & Williamson - Nominated Adviser\nAzhic Basirov\nDavid Jones\n \n\n\nTel: +44 (0)20 7131 4000 \n\n\n\n\nInvestec - Broker\nCharles Batten\nDavid Flin\nAdam Strachan\n \n\n\nTel: +44 (0)20 7597 4000\n\n\n\n\nBuchanan Communications\nTim Thompson\nBen Romney\nHelen Chan\n \n\n\nTel: +44 (0)20 7466 5000\n \n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DRLEAPELAEFFFFF\n ","length":4400,"tagName":"div"}]