LONDON (ShareCast) - (ShareCast News) - Africa and Europe-focused upstream gas company Sound Energy updated the market on its Badile project on Thursday, confirming that ground works at the well site were now complete.
The AIM-traded firm also said the conductor pipe was set last week, and the 3000 HP EMSCO C3 rig - owned by Pergemine - has been mobilised.

It said the mobilisation and rig-up operations were expected to be completed by the end of February, enabling drilling to commence during March.

"The Badile exploration well is planned to be drilled to a total depth of 4,600m to test the hydrocarbon potential of the Lower Jurassic Conchodon Dolomite with an independently assessed 100% unrisked best case estimate of 178 Bscfe, an upside high case in excess of 670 Bscfe and low case of 46 Bscfe," Sound Energy's board explained.

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