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

Sound EnergyAnnouncement

25/06/2024 07:00

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RNS Number : 6597T  Sound Energy PLC  25 June 2024

 

25(th)  June 2024

Sound Energy plc

 

("Sound Energy", the "Company" and together with its subsidiary undertakings
the "Group")

 

Demobilisation of Rig for Work Over Operations at Tendrara

 

Sound Energy, the transition energy company, is pleased to announce the
release and demobilisation of the Star Valley Rig 101 having conducted 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.  The works were completed safely with no
recordable incidents.  The Company thanks the dedication and professionalism
of our contractors and suppliers, and the Office National des Hydrocarbures et
des Mines ("ONHYM") for their ongoing partnership and support.

 

The Company has successfully pulled the existing completion tubing in both
TE-6 and TE-7 and run new corrosion resistant completion tubing into TE-6
which is now available to supply gas to commission the micro LNG plant which
construction is anticipated to be completed later this year.  The rig is
currently stacked at the TE-7 site, at no on-going cost to the Company, whilst
the Company awaits additional wellhead equipment to complete the running of
the new completion tubing into TE-7.

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

 

 

END

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