Business
Tendrara Update
Tendrara Update.
About this update from Sound Energy Plc
[{"type":"text","content":"\n \nRNS Number : 4637E Sound Energy PLC 18 July 2016 \n\n18 July 2016\n \nSound Energy plc\n(\"Sound Energy\" or the \"Company\")\n \nTendrara Update\n \nFollowing the recent share price increase, Sound Energy, the European / Mediterranean focused upstream gas company, is pleased to update the market on continued positive developments at the Company's Tendrara licence. \n \nThe Company continues with rigless operations and, having now secured contact with a significant portion of the net pay, is pleased to announce that it has already achieved a very significant gas flow rate which is in the process of stabilising during the clean up process. The rate is already highly commercial and well above initial expectations. The Company will now finalise the rigless operations and make further announcements, as anticipated, within approximately two weeks time.\n \nThis announcement is inside information for the purposes of Article 7 of Regulation 596/2014.\n \n \n \n \n \nFor further information please contact:\n \n \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\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 \nThe information contained in this announcement has been reviewed by Sound Energy's Moroccan Managing Director, Luca Madeddu, a qualified petroleum geologist. \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUWVRRNWABAAR\n ","length":4351,"tagName":"div"}]