Sound Oil has obtained the approval of the Environmental Impact Assessment ('EIA') for the Badile exploration well from the Lombardy Regional Government.

The drilling authorisation from the Italian Ministry of Economic Development is expected to follow with the endorsement of the Lombardy Region.

This approval is an important step in the local permitting process, enabling the Company to prepare for the forthcoming exploration well. Preparations for drilling, including the identification and negotiation of a farm in, continue.

As previously announced, the Company has purchased a plot of industrial land in the Lombardy region for the well site and a number of long lead items including the wellhead are now ready to be delivered.

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