Cataka-1 spud very soon.

Completion of Private Placement
RNS




RNS Number : 1855T
Sound Oil PLC
01 December 2011









1 December 2011







Sound Oil plc



("Sound Oil" or "the Company")







Completion of Private Placement







Further to the announcement made on 10 November 2011, Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces the completion of a private placement through Astin Capital Management Limited ("Astin"). The private placement is structured across two tranches and involves a target new equity investment of 4 million with the potential for this investment to be increased up to a total of 10 million.







Following negotiation under the Heads of Terms, the first tranche of 100 million ordinary shares will be issued on 9 December priced at 2 pence per share (representing an initial placement of 2 million) with associated warrants exercisable also at 2 pence. The second tranche of up to 8 million is anticipated to be issued in February 2012, priced at 90% of the average price over the preceding 40 trading days. The associated warrants will be exercisable at 110% of the 40 trading day average price.







All warrants are issued at a ratio of 6 warrants for each 10 ordinary shares and are exercisable at any time during their three year term.







The private placement stipulates that Astin (including connected funds and investors) will not acquire more than 25% of the issued share capital and that the Company may elect not to increase the total placement above 4 million should the price on the day prior to issue fall to 1.6 pence or below.







The Company intends to use the funds raised for drilling operations, including the Nervesa discovery, during 2012.







Commenting on the above Gerry Orbell, Sound Oil's Chairman and CEO said:



"This private placement maintains Sound Oil's strong funding position following the Celtique acquisition and enables the execution of our high impact drilling programme. We are pleased to be able to complete the first tranche earlier than planned."

up 18%

Total Voting Rights
RNS




RNS Number : 7152T
Sound Oil PLC
09 December 2011









9 December 2011



Sound Oil plc



("Sound Oil" or "the Company")







Total voting rights







Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces that following the admission to AIM earlier today of 100,000,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") relating to the placement through Astin Capital Management Limited announced yesterday, the Company will have 1,827,405,430 ordinary shares in issue with each share carrying the right to one vote. There are no shares held in treasury. The total number of voting rights in the Company is therefore 1,827,405,430 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

Holding(s) in Company
RNS




RNS Number : 7809T
Sound Oil PLC
12 December 2011













TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES















1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:








SOUND OIL PLC















2 Reason for the notification (please tick the appropriate box or boxes):











An acquisition or disposal of voting rights




X











An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

















An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

















An event changing the breakdown of voting rights

















Other (please specify):
































3. Full name of person(s) subject to the notification obligation:












MANXDALE HOLDINGS LTD







4. Full name of shareholder(s) (if different from 3.):












MANXDALE HOLDINGS LTD







5. Date of the transaction and date on which the threshold is crossed or reached:












09/12/11







6. Date on which issuer notified:












12/12/11







7. Threshold(s) that is/are crossed or reached:












3% AND 4%















8. Notified details:







A: Voting rights attached to shares











Class/type of

shares




if possible using

the ISIN CODE




Situation previous

to the triggering

transaction




Resulting situation after the triggering transaction







Number

of

Shares




Number

of

Voting

Rights




Number

of shares




Number of voting

rights




% of voting rights







Direct




Direct




Indirect




Direct




Indirect







ORDINARY SHARES*




0




0




80,000,000




80,000,000










4.378%













GB00B09VL556















B: Qualifying Financial Instruments







Resulting situation after the triggering transaction











Type of financial

instrument




Expiration

date




Exercise/

Conversion

Period




Number of voting

rights that may be

acquired if the

instrument is

exercised/ converted.








% of voting

rights
















































C: Financial Instruments with similar economic effect to Qualifying Financial Instruments







Resulting situation after the triggering transaction











Type of financial

instrument




Exercise

price




Expiration

date




Exercise/

Conversion

period




Number of voting

rights instrument

refers to




% of voting rights









































Nominal




Delta


































Total (A+B+C)











Number of voting rights




Percentage of voting rights







80,000,000




4.378%















9. Chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held, if applicable:



























Proxy Voting:











10. Name of the proxy holder:












N/A







11. Number of voting rights proxy holder will cease to hold:












N/A







12. Date on which proxy holder will cease to hold voting rights:












N/A















13. Additional information:












N/A







14. Contact name:












Mike Staten/Bruce Bland







15. Contact telephone number:












020 7292 3768














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

http://www.moneyam.com/action/news/showArticle?id=4274546

Operations Update
RNS
RNS Number : 2859U
Sound Oil PLC
20 December 2011





20 December 2011



Sound Oil plc

("Sound Oil" or "the Company")



Operations Update - Indonesia



Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces the following update on current operations in Indonesia.



Citarum PSC (Sound Oil 20%)

Sound Oil is pleased to confirm, consistent with previous announcements, that it expects the first well to spud prior to the end of 2011. Despite some delays caused by heavy rainfall, operations on the Cataka-1 well continue and rigging-up of the ETP Rig No.2 on the site has commenced. The well is scheduled to take 21 days to drill. Cataka-1 will be drilled as a deviated well to a total measured depth of 6995 ft (2132 m) to target P50 gross prospective resources of 470 Bscf. Immediately after Cataka the rig will move to drill the Jatayu and Geulis prospects.



Bangkanai PSC (Sound Oil 5% carried)

The operator, Salamander Energy, has informed Sound Oil that an upgrade of the Drillco No.1 rig for high temperature/high pressure operations is underway with the rig now expected to mobilise to Kalimantan in January and drilling expected to commence in April 2012. The development of the Kerendan gas field, however, remains on target.





Commenting on this update Gerry Orbell, Sound Oil's Chairman and Chief Executive Officer said:



"We are pleased to confirm the imminent spud of the first exploration well in Citarum and look forward to a busy drilling season for the Company on both licences."







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

Tim Thompson

Ben Romney

Helen Chan


Tel: +44 (0)20 7466 5000




The information contained in this announcement has been reviewed by Sound Oil's Chief Operating Officer, Dr M. J. Cope BSc PhD CGeol FGS, a qualified petroleum geologist. The basis of the prospective resources estimate referred to above is consistent with SPE (The Society of Petroleum Engineers) guidelines and was provided by Fugro Robertson Limited in a Competent Person's Report prepared for Sound Oil in October 2011; "Bscf" means billions of standard cubic feet of gas.

Sound Oil on track at Cataka well after rain delay
StockMarketWire.com
Sound Oil expects the first well at Cataka to spud prior to the end of 2011.

Despite some delays caused by heavy rainfall, operations on the Cataka-1 well continue and rigging-up of the ETP Rig No.2 on the site has commenced. The well is scheduled to take 21 days to drill.

Cataka-1 will be drilled as a deviated well to a total measured depth of 6995 ft (2132 m) to target P50 gross prospective resources of 470 Bscf. Immediately after Cataka the rig will move to drill the Jatayu and Geulis prospects.

The operator, Salamander Energy, has informed Sound Oil that an upgrade of the Drillco No.1 rig for high temperature/high pressure operations is underway with the rig now expected to mobilise to Kalimantan in January and drilling expected to commence in April 2012. The development of the Kerendan gas field, however, remains on target.





Story provided by StockMarketWire.com

http://www.proactiveinvestors.com/companies/news/22728/sound-oil-announces-imminent-spudding-of-cataka-1-well-in-java-22728.html

dreamcatcher, were you aware that from around 8.30 am this morning that almost
all the short money on sound oil was closed ? this was according to a friend who
subscribes to data explorers where you can see all leveraged finance on individual
stocks. I would assume from this that the rest of this week the SP could make vert steady progress.

Sounds (excuse the pun) very good, thanks Bob. Are you a holder?

dreamcatcher, yes i am a new holder and came in yesterday (was in here around
two years ago too ). There seems lots of chatter that the first indonesia spud
will be before friday this week...we may see some good steady rises here till then.

Lets hope so.

There is a very good chance IMO :-)

Good buying today.

Director's dealing, Issue of Equity and TVR
RNS
RNS Number : 8192U
Sound Oil PLC
30 December 2011





30 December 2011



Sound Oil plc

("Sound Oil" or "the Company")



Director's dealing, Issue of Equity and Total Voting Rights



Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces that Gerry Orbell, a director of the Company, and certain employees of the Company have been awarded bonuses including, in total, the award of 5,794,118 new ordinary shares in the Company. Included in Mr Orbell's bonus is an award of 1,764,706 ordinary shares at an issue price of 1.7p per share. Following this award, Mr Orbell will hold 14,513,124 ordinary shares in the Company, representing 0.79% of the Company's issued ordinary shares.



Application has been made for the new shares referred to above to be admitted to AIM and this is expected to become effective on 5 January 2012. Following the issue of these shares, the Company will have 1,833,199,548 ordinary shares in issue with each share carrying the right to one vote. There are no shares held in treasury. The total number of voting rights in the Company is therefore 1,833,199,548 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

He wants to get the sp up then?

Anyone else have any thoughts on the latest rns? A bonus awarded to the directors,for what? The sp has fallen from 6.5p to 1.5p - a drop of 77% in less than 9 months, not the right time surely. Not going to be popular next week.

3 January 2012



Sound Oil plc

("Sound Oil" or "the Company")



Operations Update - Citarum PSC, Java, Indonesia



Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, is pleased to announce that the Cataka-1 exploration well commenced drilling at 2300 Indonesian local time (1600 GMT) on 31 December 2011. It is currently drilling ahead in 17 1/2" section towards the Parigi Formation limestone reservoir objective and is scheduled to take 21 days to drill. The well will be drilled as a deviated hole to a total measured depth of 6,995 ft (2,132 m) to target P50 gross prospective resources of 470 Bscf.

Huge sells going through today. Just looking forward to the rns that states RIP RAB.