Monday, December 23

Sound Energy Making Rapid Progress With Latest Morocco Well

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Morocco

Work began Sunday and is likely to take 40-50 days to complete with drilling going down to a vertical depth of 2,975 metres.

Sound Energy PLC (LON:SOU) said that it had drilled down to the first casing point at its latest well on the Tendrara licence in Morocco.

TE-8 has so far been sunk to a depth of 461 metres and a 13-3/8 inch casing is being set in cement in the Upper Lias formation. The second casing point is at 2,070 metres.

Work began Sunday and is likely to take 40-50 days to complete with drilling going down to a vertical depth of 2,975 metres.

Assuming gas is encountered in the main well bore, a further 30-day side-track will be drilled to prove a potentially deeper gas contact 900 metres to the north-west, Sound said.

TE-8 will be around 12 kilometres from the last successful hole and is what’s called a step out well because it will test the lateral extent of gas that has been discovered in the TAGI reservoir.

Whatever comes in the next two months, the firm has already enjoyed considerable success at Tendrara.

Results from TE-7 were revealed on January 19 with the company telling investors that over a 56 day period of continuous flow the well has yielded just under 1bn cubic feet of gas.

That figure is made all the more impressive given that the gas flow was constrained in test conditions, at a maximum of 40% drawdown, in order to protect the integrity of the well completion to date.

No formation water was produced during testing – as the company had expected – and there were no indications of barriers.

As such Sound said that the result had confirmed a “significant connected volume” of gas is present at Tendrara, and it would now monitor pressure across past wells to confirm the physical connectivity of the reservoir.

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