nkirkup
- 25 Nov 2005 15:23
Institutions been buying this month, anyone know why
georgetrio
- 29 Sep 2006 10:03
- 5 of 13
WARNING: SHARES CAN SERIOUSLY RISE AND FLY LIKE EAGLES WITHOUT WARNINGS. ALWAYS HAVE YOUR SEAT BELT ON. THE INVERSE IS ALSO TRUE Sound Oil plc
("Sound Oil" or the "Company")
Unaudited interim results for the six months ended 30 June 2006
Sound Oil plc, the upstream oil and gas company with assets in Indonesia,
announces its unaudited interim results for the six month period ended 30 June
2006.
Highlights
* Successful merger with Mitra Energia, a private Indonesian oil and gas
company which has exploration and development acreage in Java and Kalimantan,
Indonesia
* Kerendan Gas Field, Kalimantan plan of development approved by Indonesian
authorities
* First exploration well due around year end
* Cash balance of 10.3 million as at 30 June 2006 and 10.7 million (net
of expenses) of equity finance raised through a share placing approved by
the EGM in July 2006, to assure financial resources required for program of
exploration wells and the development of Kerendan gas field
* Portfolio consists of 34% working interest in the Bangkanai PSC which
includes the Kerendan gas field in Kalimantan, Indonesia, and a 20% working
interest in the Citarurm PSC in Java, Indonesia
* Loss of 441,000 for the period to 30 June 2006, reflecting the pre-merger
and production phase of the Company
Commenting on the results, Gerry Orbell Chairman of Sound Oil said:
"The first six months of 2006 have been eventful and very successful for Sound
Oil. We are now in the position where we have an excellent portfolio of
interests and the funds to exploit it. We are pushing ahead with the development
of the Kerendan gas field and with the exploration opportunities available to
the enlarged group in Java and Kalimantan. We expect to drill our first well in
Java, Pasundan 1, in December of this year."
Further information can be found at www.soundoil.co.uk
For further information please contact:
Sound Oil 07903 861 145
Gerry Orbell, Chairman
Buchanan Communications 020 7466 5000
Tim Thompson
Nick Melson
georgetrio
- 02 Oct 2006 09:27
- 6 of 13
Sound Oil PLC
02 October 2006
2006-10-02 07:03:59
Sound Oil PLC - New appointment
RNS Number:7570J
Sound Oil PLC
02 October 2006
Sound Oil plc ("Sound Oil" or "the Company")
Appointment of Head of Exploration
Sound Oil plc announces that it has appointed Dr. Michael Cope as Head of
Exploration based at their new office in Fetcham, Surrey. Dr. Cope has
been a petroleum geologist for more than twenty-five years and brings a wealth
of operational experience to the Company. His most recent position was as
Principal Geologist with Schlumberger's WesternGeco seismic division where his
main focus was new ventures prospectivity assessment. Previously he held a
variety of senior exploration positions with the Petrofina Group and with Texaco
working on projects in Africa, Central Asia, the Far East and the Northwest
European Shelf. He holds BSc and PhD degrees in geology from the University of
London.
The Company's new office address is: Fetcham Park House, Lower Road,
Fetcham, Leatherhead, Surrey KT22 9HD (Tel 01372 371 010).
2 October 2006
For further information please contact:
Sound Oil 07903 861 145
Gerry Orbell, Chairman
georgetrio
- 02 Oct 2006 13:45
- 7 of 13
RNS Number:1056J
Sound Oil PLC
18 September 2006
Sound Oil plc (the "Company")
Significant shareholding
The Company received notification on 13 September 2006 that as at 12 September
2006, The Capital Group Companies, Inc., its subsidiary Capital Research and
Management Company ("CRMC") and the American Variable Insurance Series - Global
Small Capitalization Fund managed by CRMC were interested in a total of
30,000,000 ordinary shares in the Company; this represents 4.33% of the issued
share capital of the Company.
georgetrio
- 06 Oct 2006 13:21
- 8 of 13
Holding(s) in Company - Sound Oil PLC
RNS Number:0349K
Sound Oil PLC
05 October 2006
Sound Oil plc (the "Company")
Significant shareholding
The Company received notification on 3 October 2006 that as at 29 September
2006, Credit Suisse Securities (Europe) Limited was interested in a total of
50,127,636 ordinary shares in the Company; this represents approximately 7.24%
of the issued share capital of the Company.
5 October 2006
georgetrio
- 09 Oct 2006 10:12
- 9 of 13
Activities
Sound Oil plc was formed in 2005 for the purpose of evaluating and making investments in energy resource business opportunities in North and West Africa. The investments may be either quoted or unquoted and may be in companies, partnerships, joint ventures or direct investments in specific projects. The Directors believe that, in current market conditions, good opportunities exist for investment in situations that are, in their opinion, undervalued or capable of showing an above average return. The Directors believe that there exists the potential for the Company to generate a high-value portfolio of energy resource assets in North and West Africa. The Company intends to be an active investor. Accordingly, the Company will be directly involved in the ventures in which it participates and will often seek the main management positio
georgetrio
- 09 Oct 2006 10:16
- 10 of 13
Recent Director Dealings
Date Director Trans Amount Type Price (p) Value () Holding %
07-07-2006 A. Heath BUY 827,586 ORD 7.25 60,000 - -
07-07-2006 G. Orbell BUY 1,655,172 ORD 7.25 120,000 - -
26-06-2006 G. Orbell BUY 75,000 ORD 6.38 4,785 - -
moneyman
- 30 Dec 2006 21:15
- 11 of 13
http://www.soundoil.co.uk/common/publications/presentationdecember2006.pdf
oilwatch
- 18 Feb 2007 19:16
- 12 of 13
oilwatch
- 10 Apr 2007 22:09
- 13 of 13
Drilling imminent - click status report above