http://www.proactiveinvestors.co.uk/companies/stocktube/849/sound-oil-ceo-gerry-orbell-talks-about-the-number-of-wells-coming-on-within-months-.html

Good post Dreamcatcher

Thanks markymar, lets hope the future comes right for this company.

Monday 05 September, 2011Sound Oil PLC
Directorate Change
RNS Number : 5575N
Sound Oil PLC
05 September 2011




5 September 2011

Sound Oil plc

("Sound Oil" or "the Company")



Board appointment



Sound Oil (AIM:SOU), the upstream oil and gas company with assets in Italy and Indonesia, confirms that the previously announced appointment of Tony Heath as a non-executive director of the Company takes effect today as does his retirement as Chief Financial Officer and the appointment of James Parsons as Chief Financial Officer in Mr Heath's place.







For further information please contact:



Sound Oil

Gerry Orbell, Chairman and Chief Executive


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






Additional information on John Anthony Heath (aged 74)



The following are Mr Heath's current directorships and those held within the last five years:



Current


Past

Premier Pension Plan Trustee Limited
Sound Oil plc (resigned 30 June 2010)






Mr Heath owns 827,586 ordinary shares in the Company and holds options over 4,735,000 ordinary shares with an average exercise price of 3.49p per share.




This information is provided by RNS
The company news service from the London Stock Exchange

Late RNS and up over 5%


http://moneyam.uk-wire.com/cgi-bin/articles/201109231657448679O.html

RAB only have 80 million left, 4.99%. A very late RNS when the thresh holds were breached in July and Aug.

Sound Oil plc, the oil and gas company with assets in Italy and Indonesia, will announce interim results for the six months ended 30 June 2011 on Thursday 29 September 2011

post 162, as a lot of investors seem to be asking gerry said at the presentation Rab were not selling and they clearly have been.

The Rns will be positive for Monday. The city may be back on Sounds side. Anylists will be at the meeting for the annouincement of the results. So perhaps this share will
start to make progress.

Thanks to sheikh a leg int ii



http://www.screencast.com/t/9QWOFbE5a

Italy and Indoneasia Sound update from Aug 2011






http://www.soundoil.co.uk/documents/Proactive%20Sound%20Investors_August%202011_v3.pdf

Print Thursday 29 September, 2011Sound Oil PLC
Operations Update
RNS Number : 1492P
Sound Oil PLC
29 September 2011



29 September 2011

Sound Oil plc

("Sound Oil" or "the Company")



Award of Costa Del Sole Permit, Sicily, Italy



Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, is pleased to announce the award of the Costa Del Sole Permit, onshore Sicily to the Company's wholly owned subsidiary Apennine Energy srl. Apennine Energy will be the 100% interest holder and operator of the permit. The award is made by the Department of Energy of the Sicily Region subject to the submission and acceptance of an Environmental Impact Assessment. Apennine Energy will submit the necessary documentation in the next few days.

Costa Del Sole is located in the southwest coastal region of Sicily in an area of known heavy oil discoveries and producing fields. The permit contains the Manfria-1bis oil discovery which flowed at a rate of 150 bopd and produced a cumulative 6,000 barrels during testing. It is estimated to contain P50 contingent resources of approximately 2 MMbo. An un-drilled prospect (Cielo) is adjacent to the discovery and could contain a similar resource if successfully drilled. Cielo appears to be in structural continuity with Manfria indicating a possible shared oil water contact and increased chance of hydrocarbon charge to the prospect. Both discovery and prospect are located approximately 10 km from the Gela field and heavy oil refinery. The forward strategy for the block would be to acquire, reprocess and interpret legacy seismic data in order to define drilling locations for possible appraisal and exploration wells.

Commenting on this announcement Gerry Orbell, Sound Oil's Chairman and CEO said:



"I am pleased that this award continues the expansion of the Apennine portfolio of appraisal and development assets and provides us with additional opportunities for early drilling and revenue generation."

Thursday 29 September, 2011Sound Oil PLC
Half Yearly Report
RNS Number : 1494P
Sound Oil PLC
29 September 2011



29 September 2011



Sound Oil plc

("Sound Oil" or "the Company")



Interim results for the six months ended 30 June 2011



Sound Oil (AIM:SOU), the upstream oil and gas company with assets in Italy and Indonesia, announces its unaudited interim results for the six months ended 30 June 2011.



Highlights



Successful acquisition of Consul



New permit awarded to Apennine 100% on Costa del Sole, Sicily



Casa Tiberi-1 to start drilling in October



Three well drilling programme at Citarum in Indonesia



Sungai-Lahei-1 well at Bangkanai to start drilling in November



Cash at 30 June 2011 stood at 11.4 million





Gerry Orbell, Sound Oil's Chairman and Chief Executive, commented:



"Sound is well funded and has an exciting exploratory programme ready to start in the Autumn. We have acquired some very interesting acreage over the last few months which we are now focused on developing while continuing to consider additional opportunities for growth. I am particularly pleased to announce that Sound has become a drilling operator in Italy for the first time allowing us to control the pace of our activities."

http://bit.ly/prStMh

The newly awarded Costa Del Sole permit is found in a known heavy oil area in the southwest coastal region of Sicily
Sound Oil (LON:SOU) today announced that its wholly owned subsidiary Apennine Energy has been awarded a new permit, which hosts the Mafria heavy oil discovery, onshore Sicily.
The newly awarded Costa Del Sole permit is found in a known heavy oil area in the southwest coastal region of Sicily, where there are a number of established oilfields and discoveries. Nearby is the Gela field and heavy oil refinery.
There permit contains two key assets, the Manfria discovery and the un-drilled Cielo prospect.
Manfria is estimated to contain around 2 million barrels of oil. A previous well Manfria-1bis flowed at a rate of 150 barrels of oil per day and produced a cumulative 6,000 barrels during testing. Meanwhile the adjacent Cielo prospect it thought to contain a similar resource, if successfully drilled.
"I am pleased that this award continues the expansion of the Apennine portfolio of appraisal and development assets and provides us with additional opportunities for early drilling and revenue generation, said chief executive Gerry Orbell.
The permit award was made by the Department of Energy of the Sicily Region and it is subject to the submission and acceptance of an Environmental Impact Assessment, which will be submitted in the next few days, Sound Oil said.
After that the company plans to acquire, reprocess and interpret legacy seismic data so that it can define drilling locations for possible appraisal and exploration wells.

Some good buying,meeting at 10am today

Sound Oils Orbell highlights progress and looks forward to exciting drilling in coming months
8:28 am by Jamie Ashcroft

http://bit.ly/psVor1


The group has plenty of cash, with 11.4 million in the bank at the end of June, and it is preparing to kick off a significant drill programme in the coming months.
In this mornings interim results Sound Oil (LON:SOU) chairman and chief executive Gerry Orbell highlighted the group substantial progress in recent months, which has see the group add another dimension to its business.

Central to this was the March acquisition of Consul Oil & Gas which owned a portfolio of assets in Italy. The deal immediately added some diversity to the groups operations, which at that point was solely focused on Indonesia.

Since then the group has added a number of other Italian assets, the most recent example was this the award of the Costa Del Sole permit in Sicily, which was announced this morning.

Importantly the group has plenty of cash, with 11.4 million in the bank at the end of June, and it is preparing to kick off a significant drill programme in the coming months.

Sound is well funded and has an exciting exploratory programme ready to start in the Autumn, Gerry Orbell said in this mornings results statement.

We have acquired some very interesting acreage over the last few months which we are now focused on developing while continuing to consider additional opportunities for growth.

I am particularly pleased to announce that Sound has become a drilling operator in Italy for the first time allowing us to control the pace of our activities.

The first well in Sounds exciting drill programme will be the Casa Tiberi-1 well in Italy, which is expected to spud in October. This will be the first of three wells in Italy during this programme of work.

Meanwhile the Sungai-Lahei-1 well, on the Salamander Energy operated Bangkanai PSC, will be the first of five wells in Indonesia. It will be spudded in November, Sound said.

This deep well will be turned into the first production well in the shallower overlying Kerendan gas field, Orbell explained.

Another key focus of the Indonesian drill programme will be the Citarum PSC, in which Sound has a 20 per cent stake. Three wells will be drilled by its partner Pan Orient Energy Citarum.

During the reporting period Sound spent 600,000 on exploration and 1.3 million on administration. Additionally there was the 500,000 spent in relation the Italian acquisitions and there was a 600,000 unrealised foreign exchange loss.

Fox Davies capital -


Sound Oil (LON:SOU) (SOU, 2.17p, ▲ 2.35%) announced the award of the Costa Del Sole Permit, onshore Sicily to the Company's wholly owned subsidiary Apennine Energy. Apennine Energy will be the 100% interest holder and operator of the permit. The award is made by the Department of Energy of the Sicily Region subject to the submission and acceptance of an Environmental Impact Assessment. Apennine Energy will submit the necessary documentation in the next few days. The permit contains the Manfria-1bis oil discovery which flowed at a rate of 150 bopd and produced a cumulative 6,000 barrels during testing. It is estimated to contain P50 contingent resources of approximately 2 MMbo. An un-drilled prospect Cielo is adjacent to the discovery and could contain a similar resource if successfully drilled. Cielo appears to be in structural continuity with Manfria indicating a possible shared oil water contact and increased chance of hydrocarbon charge to the prospect.

Sound Oil an opportunity for speculative investors - Faraday Research
2:16 pm by Jamie Ashcroft In a note to clients Faraday equity analyst David Lowery issued a buy recommendation on the stock, following the groups interim results statement this morning.
At the current price Sound Oil (LON:SOU) shares offer speculative investors an opportunity to get a position in a fairly valued and well run micro-cap explorer ahead of drilling, according to analysts at Faraday Research.

In a note to clients Faraday equity analyst David Lowery issued a buy recommendation on the stock, following the groups interim results statement this morning.

Addressing investors in the results statement Sound Oil chairman and chief executive Gerry Orbell highlighted the group's substantial progress in recent months, which has seen it add another dimension to its business.

Central to this was the March acquisition of Consul Oil & Gas which owned a portfolio of assets in Italy. The deal immediately added some diversity to the groups operations, which at that point was solely focused on Indonesia.

"As often happens, the share price was driven by intense speculation after the Consul acquisition, peaking near 6.5p before declining back over the summer to pre-acquisition levels, Faradays David Lowery said in a note to clients.

With the shares now back at 2.2p, (we) believe that with drilling set to start on several projects, (including the new award in Sicily), the explorer offers speculative investors a chance to take a position in a fairly valued and well run micro-cap explorer.

Since the Consul acquisition the group has added a number of other Italian assets, the most recent example was this the award of the Costa Del Sole permit in Sicily, which was announced this morning.

Importantly the group has plenty of cash, with 11.4 million in the bank at the end of June, and it is preparing to kick off a significant drill programme in the coming months.

Sound is well funded and has an exciting exploratory programme ready to start in the autumn, Orbell said today.

We have acquired some very interesting acreage over the last few months which we are now focused on developing while continuing to consider additional opportunities for growth.

I am particularly pleased to announce that Sound has become a drilling operator in Italy for the first time allowing us to control the pace of our activities.

The first well in Sounds "exciting" drill programme will be the Casa Tiberi-1 well in Italy, which is expected to spud in October. This will be the first of three wells in Italy during this programme of work.

Meanwhile the Sungai-Lahei-1 well, on the Salamander Energy operated Bangkanai PSC, will be the first of five wells in Indonesia. It will be spudded in November, Sound said.

This deep well will be turned into the first production well in the shallower overlying Kerendan gas field, Orbell explained.

Another key focus of the Indonesian drill programme will be the Citarum production sharing contract (PSC), in which Sound has a 20 per cent stake. Three wells will be drilled by its partner Pan Orient Energy Citarum.

During the reporting period, Sound spent 600,000 on exploration and 1.3 million on administration. Additionally there was the 500,000 spent in relation the Italian acquisitions and there was a 600,000 unrealised foreign exchange loss.

Meanwhile in a separate statement Sound Oil announced that its wholly owned subsidiary Apennine Energy has been awarded a new permit, which hosts the Mafria heavy oil discovery, onshore Sicily.

The newly awarded Costa Del Sole permit is found in a known heavy oil area in the southwest coastal region of Sicily, where there are a number of established oilfields and discoveries. Nearby is the Gela field and heavy oil refinery.

There permit contains two key assets, the Manfria discovery and the un-drilled Cielo prospect.

Manfria is estimated to contain around 2 million barrels of oil. A previous well Manfria-1bis flowed at a rate of 150 barrels of oil per day and produced a cumulative 6,000 barrels during testing. Meanwhile the adjacent Cielo prospect it thought to contain a similar resource, if successfully drilled.

"I am pleased that this award continues the expansion of the Apennine portfolio of appraisal and development assets and provides us with additional opportunities for early drilling and revenue generation, said Orbell said.

The permit award was made by the Department of Energy of the Sicily Region and it is subject to the submission and acceptance of an Environmental Impact Assessment, which will be submitted in the next few days, Sound Oil said.

After that the company plans to acquire, reprocess and interpret legacy seismic data so that it can define drilling locations for possible appraisal and exploration wells.

Drilling near at Indonesia Barito gas-power project
HOUSTON, Sept. 29

Salamander Energy PLC plans to spud an exploratory well in late November 2011 on a large prospect adjacent to undeveloped Kerendan gas-condensate field in the Barito basin of inland East Kalimantan, Indonesia.

Sound Oil plc, which has a 5% carried interest in a two-well exploration program and the Kerendan development, said the Sungai Lahei-1 deep test will be turned into the first production well in the shallower overlying Kerendan gas field.

Three more wells are to be drilled at Kerendan in 2012, and gas production to a power plant 3 km from the field is to start in 2013-14 under a 20-year contract. A $90 million field development plan includes a gas processing plant.

K-1, a 1982 Unocal discovery, gauged 15 MMscfd and 300 b/d of condensate from Oligocene Berai reefal carbonates at 9,000 ft on long-term test. Salamander, with 69% interest, sees a prospective resource of more than 1.5 tcf in six prospects on the Bangkanai PSC.

late RNS -

30 September 2011



Sound Oil plc

("Sound Oil" or "the Company")



Director's dealing



Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces that today it granted options over 1,000,000 ordinary shares in the Company to Tony Heath, following his recent appointment as a director of the Company. The options have an exercise price of 2.2p per share and are exercisable from today until 30 September 2016