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Sound Oil updates Nervesa long lead items


Published Aug 4, 2014
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Sound Oil updates investors on its continued progress with the proposed second well addressing the Southern limb of the Nervesa gas discovery, onshore Italy.

The 5,000psi single completion wellhead has now been delivered to a local warehouse and is ready for installation.

The remaining long lead items have now also been ordered and are scheduled for delivery during September. These additional items include a full set of casing, tubing and the liner hanger.

James Parsons, Sound Oil's Chief Executive Officer, commented:"Preparations for the second appraisal well on the 24 Bscf Nervesa gas discovery continue. The arrival of the wellhead and the procurement of the long lead items positions us, from September 2014, to commence operations on site immediately once the permission to drill is granted.

Tags: Sound Oil plc




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