Italy-focused junior energy firm Sound Oil reported Tuesday that it has received drilling authorization from the Italian Ministry of Economic Development for the second well in the Carita license, which includes the Nervesa gas discovery in northern Italy.
Sound said that the authorization means that there are now no further outstanding regulatory consents required before the start of drilling of the well.
Sound CEO James Parsons commented in a company statement:
"The second Nervesa well initiates Sound Oil's busy 2015 drill program. We look forward to updating investors on the commencement of drilling and on the achievement of operational milestones.
Have a news tip? Share it with Rigzone!
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you