Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

1.04p
   
  • Change Today:
      0.10p
  • 52 Week High: 1.93p
  • 52 Week Low: 0.64p
  • Currency: UK Pounds
  • Shares Issued: 1,993.12m
  • Volume: 3,974,238
  • Market Cap: £20.78m
  • RiskGrade: 409

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.

Email this article to a friend

or share it with one of these popular networks:


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 1.04p
Change Today 0.10p
% Change 11.02 %
52 Week High 1.93p
52 Week Low 0.64p
Volume 3,974,238
Shares Issued 1,993.12m
Market Cap £20.78m
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.80% above the market average76.80% above the market average76.80% above the market average76.80% above the market average76.80% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Price Trend
40.21% below the market average40.21% below the market average40.21% below the market average40.21% below the market average40.21% below the market average
3.8% below the sector average3.8% below the sector average3.8% below the sector average3.8% below the sector average3.8% below the sector average
Income Not Available
Growth
31.29% above the market average31.29% above the market average31.29% above the market average31.29% above the market average31.29% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average

Sound Energy Dividends

No dividends found

Trades for 31-May-2024

Time Volume / Share Price
15:31 726 @ 1.01p
14:52 412,019 @ 1.04p
13:51 45,715 @ 1.09p
13:47 240,101 @ 1.04p
13:38 50,000 @ 1.04p

Top of Page