Sound Energy provides Badile exploration well update

The company successfully set a 7 in. liner at 4375 m before drilling to a total depth of 4472 m measured depth. Further significant gas shows (gas chromatography measured C1 to C5) were encountered in an expanded Conchodon dolomitic reservoir section down to 4387 m measured depth and in the primary Conchodon dolomitic reservoir at 4462 m to 4472 m measured depth.

Significant gas shows in both the Upper and Primary Conchodon reservoirs were also accompanied by water influx and mud losses into what are believed to be fractures in the formation.

The gas shows suggest that a 12 m gas column was encountered below 4375 m measured drill depth in the Upper Conchodon, beneath which, the water influx and resistivity data are consistent with a gas/water transition zone. The company has assessed this gas volume as sub commercial.

To verify this assessment, the company is intending to run a limited set of logs which will, if confirmatory, likely be followed by operations to plug and abandon the well.