This is really starting to motor!

Sound Oil is pleased to announce the following update for its operations onshore Java, Indonesia.

Citarum PSC, Java (Sound Oil 20%): Drilling at the Geulis-1 exploration well commenced at 00.40 local time on 2 October 2012. The well will be drilled as a deviated hole to a proposed total measured depth of 3,937 ft to target limestone and sandstone reservoirs in the Miocene, Parigi and Cibulakan formations. Operations are scheduled for 42 days.

The well is located in the Jonggol area approximately 7 km east of the Pasundan-1 well and 16 km south of the Jatirarangon gas and oil discovery. In this part of the block drilling conditions are expected to be less challenging than at the Cataka-1 and Jatayu-1 wells as the structural style is less complex and more drilling information is available from surrounding wells.

The Geulis prospect has been independently assessed by Fugro Robertson Limited to have gross P90-P50-P10 prospective gas resources of 9-26-55 Bscf respectively (P50 5 Bscf net to Sound Oil).

Nice volume and price move but sou need to find something?

momentum share.

Production in Italy, exploration in Indonesia. Either could go wrong (the latter far more likely to than the former) but a good newsflow week nonetheless.

Thanks for the chart mitzy.

sp very lively today.

It's really motoring - It's tripled in value since I bought a month ago (although I did sell part when it doubled in price to 0.85).

Coincidental number 0.85! I bought into Sound last Friday at 0.85.

Well done on taking a profit queen1........That's what this is all about; share knowledge, invest and make a profit.

Fingers crossed. Let's hope it continues northwards.


GLA.

Nice to see this rising.....could go to 2p with some good flow results....

70m Shares traded........No RNS...........Whats happening?

No complaints from me.

Would be good to get some update though.

Agreed Gerponville18, it's always nice to take a profit. Mind you, having seen the SP then go up another 50% from my part-sale price I was kicking myself. Good news for both of us though that's it's continued its rise :)

falling back on profit taking.

Indeed but back up again today which is very encouraging.

sp bouncing around today after RNS stating Mohamed Fayed had acquired 86m shares.

Certainly a mega amount of shares........But, £1.1M ish to that Gentleman is loose change. Good to know he is on board though..........If True?

I feel the sp will settle for a while, and then gradually rise on good news breakout, through RNS reports. Reading other boards, hell of a lot of ramping going on!

Good luck everyone.

Mining and Resource Investor Evening- London – 28th February 2013

Following the resounding success of our previous evening events, Mining and Resources Quarterly and Shares Magazine are proud to offer another chance for you to meet, hear from and ask questions of key senior management figures from carefully selected companies in the mining, oil and gas sector.

This event offers an unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter. What is more, there is a free drinks and canapés reception where you can mingle with industry leaders and your fellow investors. Make sure you don't miss this unique opportunity to get the answers you need from the people who make the market.

The evening conference is tailor-made for private investors and professionals who already have exposure to mining and resources stocks, or anyone who is considering putting money to work in these exciting and dynamic industries.

Tickets are completely free but places are strictly limited so register now.

REGISTER NOW

Date: Thursday 28th February 2013
Venue: Novotel London Bridge, 10 Pepys Street, London EC3N 2NR
Registration: 6.00pm
Presentations: 6.30pm followed by a drinks/canapés reception

Companies Presenting:

Northcote Energy Ltd

Northcote Energy is a US focused oil & gas company with a balanced portfolio of new exploration and exploitation opportunities blended with a stable of existing producing wells primed for high impact development. The primary focus is on Mississippi Lime formation in Oklahoma, where new technologies and techniques including horizontal drilling have re-opened the oil play and which has seen US majors such as Chesapeake Energy, Devon Energy Corp. and SandRidge Energy build a strong presence.

Ortac Resources Plc

Ortac Resources Plc (OTC) is focused on financing and developing projects in the natural resource sector in Europe. Using industry knowledge, and project development and technology expertise, we identify new business opportunities and develop sustainable solutions to mobilise the economic and human potential of resource assets. In partnership with local communities, we co-create projects that deliver robust investment returns while respecting the criteria of socially responsible investment. We create value by implementing innovative and sustainable solutions for the development of natural resources


Silvermere Energy Plc

Silvermere Energy (SLME) is an oil and gas exploration and development company focused on opportunities in North America.
The development of the Mustang Island 818-L field, located offshore Kleberg County, Texas in waters of the Gulf of Mexico, a field re-habilitation project targeting bypassed or only partially produced gas-condensate. During the period from January 1980 to February 1995, the field had produced a total of 138.9 Bcf of gas. Its principle asset is a 33% working interest in a 20.83 per cent. net entitlement interest (after deductions of overriding royalties) in the Mustang Licence Area.

Speaker : Andy Morrison, CEO

Sound Oil Plc

Sound Oil (SOU) is an Italian focused small cap exploration company, listed on AIM with strong liquidity and focused on turning our current portfolio of high upside assets into shareholder value.
They have begun a journey to become a mid cap, producing, Oil and Gas Company. Their target portfolio remains a blend of high upside exploration and development assets with some solid, cash generating production.
Speaker: James Parsons, CEO

REGISTER NOW




Dress code: business attire

Video Talk
Sound Oil announces revised drill programme,James Parsons, CEO of Sound Oil (LON:SOU) and the MD Italy, Luca Madeddu | Directors Talk
http://www.directorstalk.com/sound-oil-announces-revised-drill-programmejames-parsons-ceo-of-sound-oil-lonsou-and-the-md-italy-luca-madeddu/#sthash.opQ5DlzM.dpbs

Watch James Parsons, CEO present at the Oilbarrel conference.

Video Webcast