Business
Mobilisation of Rig for Work Over Operations
Mobilisation of Rig for Work Over Operations.
About this update from Sound Energy Plc
31 May 2024 Sound Energy plc ("Sound Energy", the "Company" and together with its subsidiary undertakings the "Group") Mobilisation of Rig for Work Over Operations Sound Energy, (AIM: SOU), the transition energy company, is pleased to announce the mobilisation of the Star Valley Rig 101 to the Tendrara Production Concession to conduct planned work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro LNG plant currently under construction at site by Italfluid Geoenergy S.r.l.. In December 2023, the Company successfully completed the preparatory work over operations by installing production packers in both wells with a wireline unit. The currently planned work over operations will comprise pulling the existing completion tubing and running new corrosion resistant completion tubing utilising the Star Valley Rig 101 which is expected to arrive on site the first week of June 2024. In addition, the existing TE-6 and TE-7 Christmas trees will be replaced with replacements containing the necessary corrosion resistant components. Further announcements will be made, as appropriate, in due course. For further information visit www.soundenergyplc.com follow on X @soundenergyplc, LinkedIn, or contact: Flagstaff Strategic and Investor Communications Tim Thompson Mark Edwards Alison Allfrey Tel: 44 (0)20 129 1474 [email protected] Sound Energy Graham Lyon, Executive Chairman [email protected] Cavendish Capital Markets - Nominated Adviser Ben Jeynes Peter Lynch Tel: 44 (0)20 7220 0500 Zeus - Broker Tel: 44 (0)20 3829 5000 Simon Johnson Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick Paul Weidman Doug Rycroft Tel: 44 (0)20 3983 9263