Sound Oil upgrades recoverable volume of the SMG gas prospect (Scandinavian Oil-Gas Magazine)

Sound Oil upgrades recoverable volume of the SMG gas prospect

Published Jul 16, 2014

Sound Oil reports a significant upgrade in the recoverable volume of the Santa Maria Goretti (SMG) gas prospect, onshore Italy.

The onshore SMG Permit sits in the Marche Region in Central Eastern Italy, covers an area of 101km2 and is owned 100% by Sound Oil. The SMG Permit area contains the southern extension of two significant producing gas fields, from 4 wells, which are owned by ENI and Edison in the adjacent permit and have been producing for over 30 years.

The main reservoirs for the SMG area are the Thin Beds and Level-1, both belonging to the Lower Pliocene Cellino formation.

Tags: Sound Oil plc

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