2 September 2024
Sound Energy plc
("Sound Energy", the "Company" and together with its subsidiary undertakings the "Group")
Completion of Work Over Operations
Sound Energy, the transition energy company is pleased to confirm, further to the Company's announcement of 15 August 2024, the release and demobilisation of the Star Valley Rig 101 to the Tendrara Production Concession having fully completed the 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. The works were completed safely with no recordable incidents. The Company thanks the dedication and professionalism of our well management team at Bedrock Drilling Ltd, our subcontractors and suppliers, and the Office National des Hydrocarbures et des Mines ("ONHYM") for their ongoing partnership and support.
The Company has successfully replaced the tubing head spool and ran new corrosion resistant completion tubing into TE-7. The rig will be stacked at the TE-7 site, at no on-going cost to the Company.
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 sound@flagstaffcomms.com |
|
Sound Energy Graham Lyon, Executive Chairman
| |
|
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 |
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