Sound Oil is now Sound Energy
Sound Oil plc, the Mediterranean focused upstream gas company, announces that the previously notified change of the Company's registered name to "Sound Energy plc" has become effective. The Company's ordinary shares will continue to trade on AIM under the Company's existing…
Sound Oil Appoints Cantor Fitzgerald as Sole Adviser
Sound Oil, the Mediterranean focused upstream gas company, is pleased to announce the appointment of Cantor Fitzgerald Europe as the Company's sole broker with immediate effect. Cantor Fitzgerald Europe will work alongside Smith & Williamson Corporate Finance Limited, the Company's nominated adviser.
Sound Energy to Change Name
Sound Oil, the Mediterranean focused upstream gas company, announces that it is to change its registered name to "Sound Energy plc". Following the Company's increasing gas focus and expected first production from its Nervesa field in 2015, the board of directors has decided…
Sound Oil Inks Sales Deal with Shell
Sound Oil, the Mediterranean focused upstream gas company signed a gas sales agreement for the Casa Tonetto production concession,() that includes the Nervesa gas field) with Shell Energy Italia, the local arm of Shell Energy Europe, which is Shell's gas, power and emissions trading entity in Europe.
Sound Oil Gets Nervesa Concession
Sound Oil, the Mediterranean focused upstream gas company has been awarded the Casa Tonetto production concession (which includes the Nervesa discovery) from the Italian Ministry of Economic Development (the "Production Concession"). The award of the Production Concession…
Sound Oil Rejigs Top Deck
* Luca Madeddu, an existing director of the Company and currently Managing Director Italy will assume the role of Managing Director Morocco. Luca will relocate to Rabat and head a small but expert team in preparation for Sound Oil's operatorship and development of the Tendrara licence.
Sound Oil Nervesa Update
Sound Oil, the European / Mediterranean focused upstream oil and gas company has informed investors on the second appraisal well at the onshore Nervesa discovery in Northern Italy and inform investors of an extension to the open offer. As announced on 20 May 2015 the Company…
Sound Oil's Open Offer
Sound Oil, the Mediterranean focused upstream oil and gas company announced on 28 April 2015 that existing shareholders would be offered the chance to participate in an open offer of new ordinary shares and warrants on similar terms to those under the placing described in that announcement (the "Placing").
Sound Oil Negotiating farm-in to Tendrara Licence, Morocco
Sound Oil has been granted a 30 day period of exclusivity from the Moroccan Oil and Gas Investment Fund ("OGIF") in relation to a potential farm in to the Tendrara licence, onshore Morocco (the "Tendrara Licence"). The grant of exclusivity initiates exclusive negotiations…
Sound Oil's Second Nervesa Well Update
Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to announce that the second Nervesa well has now been drilled to a measured vertical depth of 322 metres and that the 13 3/8" casing has been successfully installed at the Conglomerati del Montello formation, as per the planned drill programme.
Sound Oil: Placing, Issue of Warrants, Intended Open Offer
Sound Oil, the European / Mediterranean focused upstream oil and gas company is placing to raise a total of £12.0 million, before expenses, through the issue of 63,157,895 new ordinary shares (the "Placing Shares") at a price of 19 pence per ordinary share (the "Placing")…
Nervesa Second Well - Drilling Commences
Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to confirm the commencement of drilling of the second well at the Nervesa site in the Veneto Region, onshore Italy. Site preparations were materially completed on 10 April 2015 - with the installation of a 20 inch conductor to a depth of 44 metres.
Sound Oil Secures EIA Approval for Nervesa
Sound Oil, the European / Mediterranean focused upstream oil and gas company announced receipt of the final approval of the Environmental Impact Assessment ("EIA") for the Nervesa field production concession from the Veneto Region (the "Final EIA Approval"). The award of the…
Sound Oil Presents New CPR
Sound Oil, the European / Mediterranean focused upstream oil and gas company presented the results of an updated Competent Person's Report ("CPR"). CGG Services (UK) Limited has completed an independent CPR on Sound Oil's portfolio, excluding Badile, Zibido and Casa Tiberi (the "CGG CPR").
Sound Oil Secures EIA Approval
Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to announce the approval of the Environmental Impact Assessment ("EIA") for the Badile exploration well from the Lombardy Regional Government. The drilling authorisation from the Italian…
Sound Oil to Go-ahead with Nervesa Drilling
Sound Oil, the European / Mediterranean focused upstream oil and gas company has received drilling authorisation for the second well in the Carita licence from the Italian Ministry of Economic Development. The Carita licence includes the Nervesa gas discovery. There are no…
Sound Oil Withdraws Offer for Antrim Energy
On 24 November 2014 Sound Oil announced its intention to launch a public offer (the "Intended Offer") for 100% of the share capital of Antrim Energy Inc ("Antrim"). Sound Oil confirms that following the continued deterioration of the oil price and the resultant reduction in global appetite for deep water exploration…
Sound Oil Yields Robust Production
Sound Oil, the European / Mediterranean focused upstream oil and gas company, has provided an update on 2014 production. Total production for calendar year 2014 from the onshore Rapagnano and Casa Tiberi gas fields in Italy was 4.44 MMScm (156.9 MMScf). This was achieved without lost time incident.
Sound Oil Gas Sales Contracts
Sound Oil, the European / Mediterranean focused upstream oil and gas company, has signed up for two gas sales contracts and developments in relation to the Badile drill site land acquisition first announced by the Company on 7 August 2014. These operational contracts span three of the Company's assets.
Sound Oil's Nervesa gets EIA Approval
Sound Oil, the European focused upstream oil and gas company has received the final EIA approval from the Veneto Region for the second Nervesa appraisal well, which will seek to confirm and develop the Southern discovery. The drilling authorisation from the Italian Ministry…
