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Sound Gets Closer to Securing Rig for Badile Drill
Sound Oil signs a memorandum of understanding with Pergemina that sees it get closer to securing a rig to drill its Badile exploration well in northern Italy.
7:00 PM EST | February 28, 2016
Sound Energy All Set to Drill First Moroccan Well
Sound Energy says that ground works have started on its Tendrara license area, onshore eastern Morocco, in preparation for its first well on the license.
7:00 PM EST | February 14, 2016
Sound Energy Confirms Clean-Up Operations at Nervesa
Sound Energy confirms that clean-up operations are continuing at its onshore Nervesa gas discovery after first gas was achieved earlier this month.
7:00 PM EST | February 08, 2016
Sound Buys Stake in Sidi Moktar Licenses Onshore Morocco
Sound Energy agrees to buy a 25% working interest in three onshore gas permits located in Morocco.
7:00 PM EST | January 13, 2016
Sound Oil Makes Board Changes
Sound Oil appoints 2 new non-executive directors following the resignation of Andrew Hockey and Gerry Orbell.
8:00 PM EST | September 27, 2015
Sound Oil Agrees Italy Gas Deal with Shell
Junior energy firm Sound Oil agrees a gas sales deal for its Casa Tonetto production concession with Shell Energy Italia.
8:00 PM EST | August 05, 2015
Sound Oil to Begin Commercial Production from Nervesa Well
Sound Oil can begin commercial production from the Nervesa well, onshore Italy, following the Italian Ministry of Economic Development's decision to award the company a production concession for the project.
8:00 PM EST | July 15, 2015
Rig Rout Puts Smaller Drillers in Front as Oil Majors Scale Back
Crude oil's plunge is leaving drilling rigs idle from Africa to Latin America as the world's biggest energy companies curtail spending and stall projects.
8:00 PM EST | June 29, 2015
Sound Oil Appoints Morocco Country Manager
Sound Oil appoints Luca Madeddu to be the firm's managing director in Morocco.
8:00 PM EST | June 18, 2015
Sound Oil Abandons 2nd Nervesa Appraisal Well
Sound Oil abandons the second appraisal well on its Nervesa discovery pending a possible sidetrack at the well.
8:00 PM EST | June 15, 2015
Sound Enters Morocco with Farm-In Deal
Sound Oil enters into the Moroccan oil and gas sector after agreeing to farm into the onshore Tendrara license.
8:00 PM EST | June 07, 2015
Sound Sees Gas at 2nd Nervesa Well, Receives Investment
Italy-focused Sound Oil reports that the second well drilled on its Nervesa asset has gas shows, while confirming it has received the first tranche of an $18.75-million equity placing.
8:00 PM EST | May 19, 2015
Sound Oil Begins Drilling Second Nervesa Well
Onshore Italy-focused Sound Oil begins the drilling of a second well on its Nervesa gas field.
8:00 PM EST | April 23, 2015
Nervesa Gas Field Gets Environmental OK
Sound Oil says it is set to receive the go-ahead to produce from its Nervesa gas field in northern Italy after getting environmental approval from the Veneto region.
8:00 PM EST | April 16, 2015
Sound Oil Authorized to Drill 2nd Well on Carita License
Sound Oil receives drilling authorization to drill a second well on the Carita license, onshore northern Italy.
7:00 PM EST | February 16, 2015
Sound Oil Closer to Nervesa Production after Receive EIA Technical Approval
Sound Oil receives technical approval of the Environmental Impact Assessment for the development of its Nervesa gas discovery in northern Italy.
7:00 PM EST | February 09, 2015
Sound Oil Signs Gas Sales Agreements
Italy-focused Sound Oil signs gas sales agreements for two fields, and agrees a deal to purchase land for its Badile exploration well.
8:00 PM EST | October 12, 2014
Sound Prioritizes Resources towards Badile Drill in 2015
Sound Oil Chairman Simon Davies says the firm is prioritizing its human and capital resources towards the drilling of its onshore Badile asset in early 2015.
8:00 PM EST | September 16, 2014
Sound Oil Promotes Italy MD to its Board
Sound Oil appoints Luca Madeddu, its managing director for Italy, to its board of directors.
8:00 PM EST | September 07, 2014
Sound Oil Purchases Drill Site Ahead of Badile Spud
Sound Oil says it is paying $2.4 million for a plot of land in Lombardy, Italy, which will host the drill site for its Badile exploration well.
8:00 PM EST | August 06, 2014
Sound Oil Appoints New Director
Junior energy firm Sound Oil appoints Marco Fumagalli of Continental Investment Partners as a non-executive director.
8:00 PM EST | July 16, 2014
Sound Sees 'Significant Upgrade' to Onshore Italy Prospect
Sound Oil reports that a competent person's report has significantly upgraded resources at its Santa Maria Goretti gas prospect, onshore Italy.
8:00 PM EST | July 14, 2014
Rapagnano Gas Reserves Upgraded by 31%
Sound Oil upgrades proven reserves at the Rapagnano gas field, onshore Italy, by 31 percent to 1.06 billion cubic feet of gas.
8:00 PM EST | June 08, 2014
Sound Farms Down Nervesa Stake to Niche Group
Sound Oil agrees to farm down to Niche Group a 27.5% interest in the onshore Carita license, which contains the Nervesa gas discovery.
8:00 PM EST | April 27, 2014
Sound Raises Funds for Onshore Italy Drilling
Sound Oil raises $23.5 million to fund drilling over the next year on its Nervesa and Badile assets, onshore Italy.
8:00 PM EST | April 24, 2014
Sound Progresses 2nd Nervesa Well with Land Lease
Sound Oil makes progress with its preparations for a second well on its Nervesa discovery, onshore Italy, after signing a land lease contract for the well.
7:00 PM EST | January 27, 2014
Sound Confirms 24-month Italian Work Program
Sound Oil says its 24-month work program for Italy will be focused on accelerating material cash flows from existing discoveries, while also prioritizing high-upside exploration prospects.
7:00 PM EST | January 13, 2014
Sound Upgrades Gas Resources at Badile Prospect
Junior explorer Sound Oil says an independent competent person's report has significantly increased prospective resources at its Badile prospect onshore Italy.
8:00 PM EST | October 07, 2013
Successful Nervesa Well Test for Sound Oil
Italy-focused Sound Oil reports that it has successfully tested its Nervesa well in northern Italy.
8:00 PM EST | September 03, 2013
Sound Expects Nervesa Well Testing By End August
Sound Oil expects to see well testing at its Nervesa gas asset, onshore Italy, by the end of August.
8:00 PM EST | August 08, 2013
Sound Oil Appoints New CFO
Sound Oil appoints investment banker as its new CFO.
8:00 PM EST | July 17, 2013
Sound Hits Gas with Nervesa Well
Sound Oil reports that it has made a gas discovery at its Nervesa well, onshore Italy.
8:00 PM EST | July 16, 2013
Sound's Nervesa Well Reaches Total Depth
Sound Oil says the appraisal well on its Nervesa discovery has reached its total depth of 7,145 feet.
8:00 PM EST | July 14, 2013
Sound Oil Forced to Sidetrack Nervesa Well
Following unsuccessful attempts to free the pipe, corrective action has been taken to cut the drill string at 2,904 feet, plug back with cement and drill a sidetrack, reported Dow Jones Newswires.
8:00 PM EST | June 23, 2013
Sound Finally Spuds Nervesa Well
Italy-focused Sound Oil spuds Nervesa well after previously saying it would begin drilling by the end of May.
8:00 PM EST | June 06, 2013
Rig Released for Nervesa Drill
Sound Oil reports that the rig it will use on its Nervesa asset, onshore Italy, has been released from operations in the Netherlands.
8:00 PM EST | May 16, 2013
Sound Expects to Spud Nervesa by End May
Sound Oil says it expects to spud its Nervesa appraisal well, onshore Italy, by the end of May now that the rig has become available.
8:00 PM EST | May 06, 2013
Sound Oil Enhances Badile Drilling Program
Sound Oil makes enhancements to its Badile drilling program designed to reduce the complexity and cost of the project.
8:00 PM EST | April 23, 2013
Sound to Spud Nervesa Well Within Weeks
Sound Oil expects to spud its first appraisal well on its onshore Nervesa discovery within weeks, after rig is released from Netherlands drilling.
8:00 PM EST | March 27, 2013
Sound Oil Revises Schedule to Accelerate Cash Flow
Sound Oil is revising its drilling schedule to accelerate cash flow from its Nervesa discovery and to preserve cash for its most material prospects.
7:00 PM EST | February 26, 2013
Sound Opts to Keep All of its Badile Prospect
Italy-focused Sound Oil decides to keep its entire 100-percent interest in its Badile prospect despite a farm-in offer from an unnamed Italian oil and gas major.
7:00 PM EST | February 18, 2013
Sound Oil Secures Rig for Nervesa Appraisal
Sound Oil announced the signature of a rig contract with LP Drilling SrL for the forthcoming Nervesa appraisal well in Northern Italy.
7:00 PM EST | February 13, 2013
Sound Oil May Accelerate Laura Field Development
Sound Oil says it is in discussions with the Italian government about expediting its Laura field development in the Gulf of Taranto.
7:00 PM EST | January 31, 2013
Sound to Hear of Nervesa Go-Ahead Soon
Sound Oil says it has successfully concluded the 'Conferenza Servizi' process for its Nervesa appraisal well and expects authorization to begin drilling by the end of January.
7:00 PM EST | January 21, 2013
Sound Oil in Strong Position ahead of Appraisal Well
Italy-focused Sound Oil says it is in a strong funding position ahead of the drilling of its Nervesa appraisal well.
7:00 PM EST | January 15, 2013
Sound Completes Full Production Test at Rapagnano Field
Sound Oil reports that it has completed a full production test at its Rapagnano field in northern Italy, with all flow rate and pressure data consistent with its model for the production of 1.3 billion cubic feet of gas.
7:00 PM EST | January 07, 2013
Italian Juniors Report Positive Progress
Sound Oil reports a successful initial operation at its onshore Rapagnano field, while Mediterranean Oil & Gas announces a positive operational update.
7:00 PM EST | January 06, 2013
Italy Focus for Sound after Indonesia Exit
Sound's sale of Indonesian subsidiary allows firm's management to focus more on its core Italian assets.
7:00 PM EST | December 11, 2012
Sound Oil on Track for First Gas Sales
Sound Oil has signed a gas sales agreement to sell gas from its Rapagnano field in northern Italy.
7:00 PM EST | November 29, 2012
Offshore Italian Permits Re-Opened for Sound Oil
The Italian Ministry of Economic Development has re-opened Sound Oil's applications for two of its offshore permits.
7:00 PM EST | November 13, 2012