Tuesday, December 24

Sound Energy Commences Drilling Of Third Tendrara Well In Morocco

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World Oil

Morocco

UK — Sound Energy, the African and European focused upstream gas company, is pleased to confirm the commencement of drilling at the third Tendrara well, onshore Morocco.

Following the recent success at the Company’s first two Tendrara wells (TE-6 and TE-7), the Company’s third well (TE-8) was spud on Feb. 19, 2017. The TE-8 well is a step out appraisal well some 12 km northeast of TE-7, with the objective of proving up significant additional volumes in the TAGI (Trias Argilo-Gréseux Inférieur) reservoir whilst also, for the first time, drilling deeper into the Paleozoic formation.

The drilling and logging of the TE-8 main wellbore to a true vertical depth (TVD) of approximately 2975 m is expected to take approximately 40 to 50 days. Assuming gas is encountered in the main well bore, a further 30-day sidetrack will be drilled to a TVD of approximately 2633 m to prove a potentially deeper gas contact approximately 900 m to the northwest.

The Company looks forward to updating shareholders on achievement of each of the three casing points (13 3/8-in. casing at 450 m TVD, 12 ¼-in. casing at 2,070 m TVD and 7-in. casing at 2,587 m TVD) in the main wellbore and achievement of total depth.

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