REG - Sound Energy PLC - Operations Update

Sound EnergyAnnouncement

15/08/2024 07:00

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RNS Number : 5103A  Sound Energy PLC  15 August 2024

15 August 2024

Sound Energy plc

 

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

 

Operations update

 

Sound Energy, the transition energy company, announces, further to the
Company's announcement of 25 June 2024, that the planned work over operations
on the gas well TE-7 in preparation for long term gas production into the
micro-LNG plant currently under construction at site have resumed following
the arrival of additional wellhead equipment.  The operation to run new
completion tubing into TE-7, will utilize the Star Valley Rig 101 currently
located on the Tendrara Production Concession. The rig had been stacked on
site at no additional cost to the Group awaiting the arrival of the additional
wellhead equipment.

 

In June 2024, the Company successfully pulled the existing completion tubing
in both TE-6 and TE-7 and ran new corrosion resistant completion tubing into
TE-6 and installed the Production Christmas Tree.  Following importation of
the additional well surface equipment a similar operation at TE-7 will now
proceed.

 

The Company thanks the dedication and professionalism of our contractors and
suppliers, and the Office National des Hydrocarbures et des Mines for their
ongoing partnership and support.

 

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

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

 Graham Lyon, Executive Chairman

 Cavendish Capital Markets - Nominated Adviser    Tel: 44 (0)20 7220 0500

 Ben Jeynes

 Peter Lynch

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

 Simon Johnson

 Gneiss Energy Limited - Financial Adviser        Tel: 44 (0)20 3983 9263

 Jon Fitzpatrick

 Paul Weidman

 Doug Rycroft

 

END

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