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Tendrara: TE-8 Drilling Commences
Tendrara: TE-8 Drilling Commences.
About this update from Sound Energy Plc
[{"type":"text","content":"\n \nRNS Number : 2455X Sound Energy PLC 20 February 2017 \n\n20 February 2017\n \nSound Energy plc\n(\"Sound Energy\" or the \"Company\")\n \n \nTendrara: TE-8 Drilling Commences\n \n \nSound Energy, the African and European focused upstream gas company, is pleased to confirm the commencement of drilling at the third Tendrara well, onshore Morocco. \n \nFollowing the recent success at the Company's first two Tendrara wells (TE-6 and TE-7), the Company's third well (TE-8) was spud on 19 February 2017. The TE-8 well is a step out appraisal well some 12 kilometres to the Northeast of TE-7 with the objective of proving up significant additional volumes in the TAGI (Trias Argilo-Gréseux Inférieur) reservoir whilst also, for the first time, drilling deeper into the Paleozoic formation. \n \nThe drilling and logging of the TE-8 main well bore to a true vertical depth (\"TVD\") of approximately 2975 metres is expected to take approximately 40 to 50 days. Assuming gas is encountered in the main well bore, a further 30 day sidetrack will be drilled to a TVD of approximately 2633 metres to prove a potentially deeper gas contact approximately 900 metres to the north-west. \n \nThe Company looks forward to updating shareholders on achievement of each of the three casing points (13 3/8\" casing at 450m TVD, 12 ¼\" casing at 2070m TVD and 7\" casing at 2587mTVD) in the main well bore and achievement of total depth. \n \n \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 7830 9700\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\nRBC Capital Markets - Broker\nMatthew Coakes\nMartin Copeland\nLaura White\n \n\n\nTel: +44 (0)20 7653 4000\n\n\n\n\nThe information contained in this announcement has been reviewed by Sound Energy's Executive Vice President, Brian Mitchener, a chartered petroleum geologist. \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DRLEAX...