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    Proactive Investors: Sound Oil Gears Up for High-Impact Three-Well Drilling Programme in Morocco and Italy

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Summary

Proactive Investors looks at how Sound Oil is developing, particularly with its expansion into the Tendara licence in Morocco and its drilling programme there

by: Erica Mills

Posted in:

Press Notes, Africa

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Proactive Investors: Sound Oil Gears Up for High-Impact Three-Well Drilling Programme in Morocco and Italy

There is an adage that applies to any high risk business such as oil and gas exploration that says: “You win some, you lose some.”

But you can’t really hang the epithet of loser on AIM-listed Sound Oil (LON:SOU) just now.

Okay, you could say that because the second appraisal well on one of its flagship projects, the Nervesa concession in Italy, was a dry hole it suffered a loss; certainly the share price took a hit.

But if you set that against a string of successes over the 2013-2014 period you would conclude the company is on a bit of a winning streak.

Read the full article HERE.

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