Sound Energy Provides Update on Tendrara Well

Source: www.gulfoilandgas.com 7/18/2016, Location: Africa

Following 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.

The 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.

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

For more information about related Opportunities and Key Players visit North Africa Projects


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