Business
TE10: Rigless Well Testing Timing Update
TE10: Rigless Well Testing Timing Update.
About this update from Sound Energy Plc
[{"type":"text","content":"\n \nRNS Number : 8890U Sound Energy PLC 02 April 2019 \n\n \n \n2 April 2019\n \nSound Energy plc\n(\"Sound Energy\" or the \"Company\")\n \nTE10 : Rigless Well Testing Timing Update\n \nSound Energy, the Moroccan focused upstream gas company, provides a further update on operations in Eastern Morocco, following the Company's announcement of 18 February 2019. The Company previously announced a discovery, and a planned stimulated well test, at TE-10, the second well in Sound Energy's current three well exploration programme in the Greater Tendrara area, onshore Morocco.\n \nAs confirmed in the Company's announcement of 21 March 2019, testing operations at TE-10 are underway and continue. The test programme involves rigless re-entry of the TE-10 well, acquisition of cement bond log information, and both unstimulated and stimulated flow tests on multiple intervals. The Company is anticipating the arrival of Coiled Tubing from Tunisia prior to perforating and initiating the unstimulated tests, followed by the stimulated flow test. \n \nSound Energy looks forward to updating shareholders via regulatory news service (\"RNS\"), as appropriate, in due course.\n \n \nFor further information please contact:\n \n\n\n\n\nVigo Communications - PR Adviser\nPatrick d'Ancona\nChris McMahon \n \n\n\nTel: +44 (0)20 7390 0230\n\n\n\n\nSound Energy\nJames Parsons, Chief Executive Officer \nJJ Traynor, Chief Financial Officer\n\n\[email protected]\n \n \n \n\n\n\n\nCenkos Securities - Nominated Adviser\nAzhic Basirov\nDavid Jones\nBen Jeynes \n \n\n\nTel: +44 (0)20 7397 8900\n\n\n\n\nRBC - Joint Broker\nMatthew Coakes\nMartin Copeland\n \n\n\nTel: +44 (0)20 7653 4000\n\n\n\n\nMacquarie Capital (Europe) Limited - Joint Broker\nAlex Reynolds\nNick Stamp\n\n\nTel: +44 (0)20 3031 2000\n\n\n\n\n \n\n\n \n\n\n\n\n \n \nThe information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n \n\nThis information is provided by RNS, the news service of the London Stock Exchan...