Sound Oil provides an update on the forthcoming drill of the first Nervesa appraisal well.

LP Drilling SrL, the owner of the contracted TB2100S drilling rig, has informed the Company that its operations in the Netherlands are currently being finalized with mobilization to Italy expected to commence within the next two weeks. Preparations at the Nervesa site are now materially complete with the final stage being driving the 20 inch conductor to a depth of 30 metres, which will occur shortly.

Following mobilization of the rig from the Netherlands, the Company will proceed with the planned drilling schedule, which includes:

•Rig travel time to Italy (up to 6 days) •Rigging up (up to 6 days), followed by well spud •Drilling and logging (30 days) •Completion and clean up (6 days) •Well testing (up to 5 days)

The Company looks forward to updating shareholders on rig mobilization, spud of the well and achievement of depth milestones. The results of the well will be announced after well testing is complete.

Tags: Sound Oil plc