REG - Sound Energy PLC - Mobilisation of Rig for Work Over Operations

Sound EnergyAnnouncement

31/05/2024 08:15

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RNS Number : 6265Q  Sound Energy PLC  31 May 2024

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  Tel: 44 (0)20 129 1474

 Tim Thompson                                     sound@flagstaffcomms.com

 Mark Edwards

 Alison Allfrey

                                                  chairman@soundenergyplc.com (mailto:chairman@soundenergyplc.com)

 Sound Energy

 Graham Lyon, Executive Chairman

                                                  Tel: 44 (0)20 7220 0500

 Cavendish Capital Markets - Nominated Adviser

 Ben Jeynes

 Peter Lynch

 Zeus - Broker                                    Tel: 44 (0)20 3829 5000
 Simon Johnson

                                                  Tel: 44 (0)20 3983 9263

 Gneiss Energy Limited - Financial Adviser

 Jon Fitzpatrick

 Paul Weidman

 Doug Rycroft

 

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