Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.88p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.25
  • 52 Week Low: 0.63
  • Currency: UK Pounds
  • Shares Issued: 2,080.62m
  • Volume: 637,795
  • Market Cap: £18.21m
  • RiskGrade: 409
  • Beta: 0.03

Sound Energy begins drilling at Badile in Italy

By Josh White

Date: Wednesday 08 Mar 2017

LONDON (ShareCast) - (ShareCast News) - African and European focused upstream gas company Sound Energy confirmed on Wednesday that drilling of the Badile exploration well, onshore Italy, had commenced on 7 March.
The AIM-traded firm said the Badile well site is located in Northern Italy, the board said, 15 kilometres to the south of Milan and the exploration well would reportedly test the hydrocarbon potential of the Conchodon Dolomite reservoir of Lower Jurassic-Triassic age.

Sound's board said the well was planned to be drilled and logged to a total depth of 4,445m - with 4,378m total vertical depth - with drilling and logging expected to take around 100 days.

Assuming gas is encountered, a further 25 days would be required for the completion and testing phase.

"The company looks forward to updating shareholders on achievement of each of the four casing points, being an 18 5/8" casing at a measured depth of approximately 500m, a 16" casing at a measured depth of approximately 1,400m, a 13 3/8" casing at a measured depth of approximately 2,600m and a 9 5/8" casing at measured depth of approximately 3,513m, and at the last open hole section to the total depth of 4,445m," Sound Energy's board explained in a statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sound Energy Market Data

Currency UK Pounds
Share Price 0.88p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.25
52 Week Low 0.63
Volume 637,795
Shares Issued 2,080.62m
Market Cap £18.21m
Beta 0.03
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.71% above the market average79.71% above the market average79.71% above the market average79.71% above the market average79.71% above the market average
88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average
Price Trend
13.80% above the market average13.80% above the market average13.80% above the market average13.80% above the market average13.80% above the market average
37.84% above the sector average37.84% above the sector average37.84% above the sector average37.84% above the sector average37.84% above the sector average
Income Not Available
Growth
38.18% above the market average38.18% above the market average38.18% above the market average38.18% above the market average38.18% above the market average
56.52% above the sector average56.52% above the sector average56.52% above the sector average56.52% above the sector average56.52% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sound Energy Dividends

No dividends found

Trades for 14-Jan-2025

Time Volume / Share Price
16:24 135,059 @ 0.89p
14:52 78,500 @ 0.84p
14:49 200 @ 1.00p
14:49 5,093 @ 1.00p
14:49 100 @ 1.00p

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