Operations Update
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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.
| Flagstaff Strategic and Investor Communications Tim Thompson Mark Edwards Alison Allfrey | Tel: 44 (0)20 129 1474 sound@flagstaffcomms.com |
| Sound Energy Graham Lyon, Executive Chairman | chairman@soundenergyplc.com |
| Cavendish Capital Markets - Nominated Adviser Ben Jeynes Peter Lynch | Tel: 44 (0)20 7220 0500 |
| Zeus - Broker Simon Johnson | Tel: 44 (0)20 3829 5000 |
| Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick Paul Weidman Doug Rycroft | Tel: 44 (0)20 3983 9263 |
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