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Sound Energy commences drilling at TE-10

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Oilfield Technology,

Sound Energy has confirmed that the drilling at TE-10, the second well of a planned three exploration well campaign in Eastern Morocco, has commenced. The TE-10 well will test the North East Lakbir prospect in the Company's Greater Tendrara permit, and is located approximately 25 km to the northeast of the recently awarded Tendrara production concession.

The well is designed to test both a material TAGI stratigraphic trap and a smaller TAGI structural closure. The North East Lakbir stratigraphic trap has updated mid case potential on a gross (100%) basis of 2.7 trillion ft3 GOIP (4.5 trillion ft3 GOIP upside case and a 1.5 trillion ft3 GOIP low case) with a Sound Energy internally estimated chance of success of 14%. TE-10 lies within the stratigraphic trap, located on a smaller structural closure which has a mid-case potential, on a gross (100%) basis, of 128 billion ft3 gas originally in place (‘GOIP’) (210 billion ft3 GOIP upside case and a 75 billion ft3 low GOIP case) with a Sound Energy internally estimated chance of success of 26%.

The well is expected to be drilling to a total depth at approximately 2200 m and is expected to take between 30 to 40 days.

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