Sound Energy has announced the commencement of civil works at the Badile exploration well site, onshore Northern Italy. The rig is expected to be mobilised during 4Q16 with a view to drilling commencing around the end of 2016.
Investors can observe operations on site through the Company's webcam, which is expected to go-live later this week.
James Parsons, Chief Executive Officer, commented: "Following our recent success in Morocco, I am pleased to initiate the countdown to our second Strategic Play. Badile is a material gas prospect and one of our largest and most strategic assets. I look forward to this opportunity to repeat our success at Tendrara."
Edited from press release by Angharad Lock
Read the article online at: https://www.oilfieldtechnology.com/exploration/20092016/sound-energy-prepares-to-drill-badile-exploration-well-711/