oilwatch
- 20 Jun 2007 14:14
dreamcatcher
- 28 Jul 2011 08:51
- 139 of 523
Good to see the sp on the rise again. JO purchase of shares sends out a good
message. Keep climbing.
dreamcatcher
- 28 Jul 2011 19:02
- 140 of 523
Another small rise today, recovering well.
dreamcatcher
- 28 Jul 2011 22:33
- 141 of 523
RAB should be near to sold out now. Will be great having an rns saying so. Then more investors should come aboard.
dreamcatcher
- 28 Jul 2011 22:33
- 142 of 523
RAB should be near to sold out now. Will be great having an rns saying so. Then more investors should come aboard.
moneyplus
- 29 Jul 2011 10:33
- 143 of 523
Looks as though rab have finished good bounce back now. Have you looked at NEW dc I have got some--early days but very hopeful of good rewards no 2 on the risers today after a good article by Mining Maven.
dreamcatcher
- 29 Jul 2011 15:19
- 144 of 523
Great news
dreamcatcher
- 29 Jul 2011 17:27
- 145 of 523
Some good buying at the end of the day. UP 4.90% recovering well.
dreamcatcher
- 01 Aug 2011 16:20
- 146 of 523
Out of funds moneyplus
dreamcatcher
- 01 Aug 2011 16:22
- 147 of 523
Print Monday 01 August, 2011Sound Oil PLC
Operations Update
RNS Number : 4866L
Sound Oil PLC
01 August 2011
1 August 2011
Sound Oil plc
("Sound Oil" or "the Company")
Operations Update - Badile seismic
Sound Oil is pleased to announce that it has received a preliminary report from consultants ERC-Equipoise on the interpretation of 3D seismic data on its Badile permit, northern Italy. The results confirm the structural integrity and original prospective resource estimation of the Badile prospect at the Triassic carbonate level. The data will now be examined in detail to determine an optimum well location for future drilling.
Details of further progress made with the development of this resource will be announced in due course.
dreamcatcher
- 04 Aug 2011 18:12
- 148 of 523
Sound Oil appoints CFO
StockMarketWire.com
Sound Oil has appointed James Parsons as chief financial officer from 5 September.
Parsons has more than more than 17 years' experience in the fields of finance and corporate development in the energy industry.
He joins Sound Oil from the European division of Inter Pipeline Fund, a Toronto-listed petroleum transportation, storage and natural gas liquids extraction business, where he was finance and corporate development director.
Tony Heath will step down as CFO on 5 September, the date of his retirement from executive duties in the company.
He will be joining the board as a non-executive director and chairman of the audit committee.
At 4:20pm: (LON:SOU) share price was -0.08p at 2.05p
Story provided by StockMarketWire.com
dreamcatcher
- 04 Aug 2011 18:14
- 149 of 523
Thursday 04 August, 2011Sound Oil PLC
New Appointments
RNS Number : 7877L
Sound Oil PLC
04 August 2011
4 August 2011
Sound Oil plc
("Sound Oil" or "the Company")
Two new appointments
Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces the appointment of Chief Financial Officer and a non-executive Director.
James Parsons, aged 38, will be joining the Company on 5th September to take up the position of Chief Financial Officer. James has more than 17 years' experience in the fields of finance and corporate development in the energy industry. James joins Sound Oil from the European division of Inter Pipeline Fund, a Toronto listed petroleum transportation, storage and natural gas liquids extraction business, where he held the position of Finance and Corporate Development Director. He started his career with the Royal Dutch Shell Group in 1994 and has worked across both the downstream and upstream sectors in Brazil, the Dominican Republic, Scandinavia, Holland and London. Until 2006 James held the position of Vice President of New Business in Shell's Exploration and Production business.
Tony Heath will step down from his position as Chief Financial Officer on 5th September, the date of his retirement from executive duties in the Company. At that time Tony will be joining the Board as a non-executive Director and Chairman of the Audit Committee.
Commenting on the above changes Gerry Orbell, Chairman said:
"We are delighted to welcome James to the Company as Chief Financial Officer and I am confident that he will bring expertise and international experience to that role. He joins Sound Oil at an exciting time in the Company's development and we all look forward to working alongside him.
I have worked with Tony Heath for very many years and his advice and support have been invaluable to me and the Company over that time. On behalf of Sound Oil I would like to thank him for his efforts during the Company's formative years. I am pleased that we can continue to retain his expertise and rely on his advice in his new capacity as a member of the Board."
For further information please contact:
Sound Oil
Gerry Orbell, Chairman
Tel: +44 (0)1372 365745
Smith & Williamson - Nominated Adviser
Azhic Basirov
David Jones
Tel: +44 (0)20 7131 4000
Investec - Broker
Charles Batten
David Flin
Adam Strachan
Tel: +44 (0)20 7597 4000
Buchanan Communications
Tim Thompson
Ben Romney
Helen Chan
Tel: +44 (0)20 7466 5000
Andy
- 04 Aug 2011 23:54
- 150 of 523
The directors of Victoria Oil & Gas (AIM: VOG), Iofina (AIM: IOF) and Sound Oil (AIM: SOU) will be presenting: Thursday the 25th August 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)
The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.
FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/119
This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.
The event is not suitable for people pursuing commercial opportunities.
If you have any problems registering or queries please email events@proactiveinvestors.com
dreamcatcher
- 10 Aug 2011 16:00
- 151 of 523
Wednesday 10 August, 2011Sound Oil PLC
Status of d148 DR-CS and d150 CR-CS Permits
RNS Number : 1379M
Sound Oil PLC
10 August 2011
For immediate release
10 August 2011
Sound Oil plc
("Sound Oil" or "the Company")
Status of d148 DR-CS and d150 DR-CS Permits
Sound Oil plc, the upstream oil and gas company with assets in Italy and Indonesia, announces that the Ministry of Economic Development in Italy has withdrawn Sound Oil's Assigned Permits d148 DR-CS and d150 DR-CS from the application process to full permit status. This is in compliance with the environmental decree 128/1210 enacted in June 2010 which prevents oil and gas activity within 5 nautical miles of the Italian coast. Sound Oil is considering appealing against this decision through the relevant authority. Sound Oil is one of 9 companies affected so far, involving the withdrawal of 18 permit applications in the Italian coastal zone over the last two months.
Commenting on this Gerry Orbell, Chairman and Chief Executive said:
"The applications for these two permits were made a long time before the new environmental law was brought in following the BP Deepwater Horizon blowout in the Gulf of Mexico. As it affects many companies operating close to the Italian coast, it has been under continuous discussion by the Italian Oil and Gas trade association and the relevant ministries.
Our other offshore Assigned Permit at D503 BR-CS (Dora gas discovery) lies outside this zone and is progressing to full permit status. In the near term we will now focus our offshore efforts on Dora.
Neither of the withdrawn Assigned Permits was scheduled for drilling before 2013/14 and we expect to replace them with permits of greater value/potential in due course."
dreamcatcher
- 10 Aug 2011 18:04
- 152 of 523
Do not need news like this in these times. Two bad rns's in a row now.
dreamcatcher
- 10 Aug 2011 19:54
- 153 of 523
Sound Oil to focus near term offshore efforts on Dora gas discovery - http://t.co/H8S0Yba
4:39 pm by Jon Mainwaring
Sound Oil expects to replace the withdrawn permits with ones of greater value
Italy and Indonesia-focused oil and gas explorer Sound Oil (LON:SOU) is to focus near term offshore efforts on its D503 BR-CS Dora gas discovery in the central Adriatic Sea after the Italian Ministry of Economic Development withdrew the firms Assigned Permits d148 DR-CS and d150 DR-CS from the application process to full permit status.
Shares in Sound fell below two pence each after the firm announced the news just before 4pm today. By close they were down 4.13 per cent at 1.975 pence each.
Sound said that the ministrys decision was in compliance with Italys June 2010 environmental decree 128/1210 enacted in June 2010 that prevents oil and gas activity within five nautical miles of the Italian coast. The firm, one of nine companies affected so far, is considering appealing against the decision.
The Dora gas discovery lies outside the zone and Sound said it is progressing to full permit status.
The applications for these two permits were made a long time before the new environmental law was brought in following the BP Deepwater Horizon blowout in the Gulf of Mexico. As it affects many companies operating close to the Italian coast, it has been under continuous discussion by the Italian oil and gas trade association and the relevant ministries, said Gerry Orbell, Sounds chairman and chief executive. Neither of the withdrawn Assigned Permits was scheduled for drilling before 2013/14 and we expect to replace them with permits of greater value/potential in due course."
dreamcatcher
- 12 Aug 2011 17:24
- 154 of 523
Another feature story was dedicated to fellow oil and gas company Sound Oil (LON:SOU).
Proactive talked to chairman Gerry Orbell, who said that the recent cancellation of two of its offshore licences, following the Italian 5-mile drilling ban last year doesn't affect the high impact activity it is about to start this fall.
Sound Oil has an eight-well drilling programme onshore in Italy and Indonesia that will be rolled out over the next year, and, with 11 million of cash, the financial wherewithal to fund its ambitions.
Orbell added that he is very optimistic that we will be awarded permits equally as attractive or even more so shortly.
Andy
- 15 Aug 2011 13:29
- 155 of 523
Sound out the CEO next week in London!
-----
The directors of Victoria Oil & Gas (AIM: VOG), Sound Oil (AIM: SOU), SacOil (AIM & JSE: SAC) and Gulf Keystone Petroleum (AIM: GKP) will be presenting:
Thursday the 25th August 2011,The May Fair Hotel, Stratton Street, London, W1J 8LT (Crystal Room)
The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.
FREE registration : http://www.proactiveinvestors.co.uk/register/event_details/119
This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.
The event is not suitable for people pursuing commercial opportunities.
PLEASE NOTE: PLACES WILL BE LIMITED, SO PLEASE REGISTER TO AVOID DISAPPOINTMENT.
dreamcatcher
- 16 Aug 2011 15:13
- 156 of 523
Positive day today. Good to have an RNS stating RAB have completed selling. Then investors will return.
dreamcatcher
- 24 Aug 2011 07:05
- 157 of 523
Wednesday 24 August, 2011Sound Oil PLC
Rapagnano Concession Update
RNS Number : 9119M
Sound Oil PLC
24 August 2011
24 August 2011
Sound Oil plc
("Sound Oil" or "the Company")
Rapagnano Concession update
Sound Oil (AIM:SOU), the upstream oil and gas company with assets in Italy and Indonesia, announces that the Italian Ministry for Economic Development has awarded the Rapagnano Concession, located in the Marche Region of central Italy, to the Company's wholly-owned subsidiary Apennine Energy srl. The award is subject to the acceptance of any environmental impact assessment that may be required by the Marche regional authorities. In view of the previous production history at the site which is within an industrial area, the Company anticipates that this acceptance will be granted.
The Rapagnano gas field on the concession had previously produced 4.1 Bscf of gas into the national network until it was shut-in in 2001. A recent reservoir engineering study by consultants Senergy (GB) Ltd has estimated that an additional 2.45 Bscf of gas is potentially recoverable from the field. Apennine's objective will be to put the field back on stream at an approximate estimated cost of US$0.5 million with expected first revenue in Q2 of 2012.
Commenting on the news, Gerry Orbell, Sound Oil's Chairman and Chief Executive, said:
"This is very encouraging news. The Italian Ministry has awarded the Rapagnano field to us at no cost with the expectation that we can put it back on stream quickly. We intend to produce to the national gas network through the connection which is on site and provide an early cash flow with minimal investment."
For further information please contact:
Sound Oil
Gerry Orbell, Chairman and Chief Executive
Michael Cope, Chief Operating Officer
Tel: +44 (0)1372 365745
Smith & Williamson - Nominated Adviser
Azhic Basirov
David Jones
Tel: +44 (0)20 7131 4000
Investec - Broker
Charles Batten
David Flin
Adam Strachan
Tel: +44 (0)20 7597 4000
Buchanan Communications
Tim Thompson
Ben Romney
Helen Chan
Tel: +44 (0)20 7466 5000
The information contained in this announcement has been reviewed by Dr M. J. Cope BSc PhD CGeol FGS, a qualified petroleum geologist. The recoverable gas estimate referred to above represents a best estimate of reserves consistent with SPE (The Society of Petroleum Engineers) guidelines. "Bscf" means billion standard cubic feet of gas.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPJMFTMBITBTB
dreamcatcher
- 24 Aug 2011 15:56
- 158 of 523
good to see 15% rise