Company Information for Sound Oil PLC

Company stock charts - 6 Month chart

AIM; SOU View full financial data

Company Statement

Sound Oil plc is an independent oil and gas exploration company, incorporated in England and Wales, listed on the AIM market of the London Stock Exchange. Our strategy is to add significant value from a portfolio of exploration and production assets.

Our current focus is on Indonesia where we hold active exploration and development licences and we aim to grow our portfolio with selective additions in southeast Asia and other regions of the world.

Operations and Technology

Sound Oil is pursuing an active exploration programme of 3-4 wells and new seismic surveys on its Bangkanai and Citarum PSCs in Indonesia during 2009 and 2010.

Bangkanai PSC:

• POD for Kerendan Gas Field granted
• Development drilling to commence 2009
• First gas expected 2011
• First exploration well planned for 2009-2010 to target potential deeper gas reserves
• 300 km new seismic to be acquired 2009

Citarum PSC:

• First exploration well drilled on Citarum PSC
• Pasundan-1 P&A after testing
• Currently acquiring 850 km new 2D seismic

Board of Directors and Key Management

Chairman and Chief Executive	Gerald Orbell
Finance Director	Tony Heath
Executive Director	Jossy Rachmantio
Non-executive Director	Simon Davies
Non-executive Director	Michael Nobbs
Non-executive Director	Patrick Alexander
Non-executive Director	Ilham Habibie

Company Address Fetcham Park House Lower Road Leatherhead, United Kingdom KT22 9HD Telephone: +44 (0)1372 371010 Facsimile: +44 (0)1372 371017 Email: info[at]soundoil.co.uk Website: http://www.soundoil.co.uk

Nominated Brokers Hichens Harrison & Co. plc Bell Court House 11 Blomfield Street London EC2M 1LB Evolution Securities Ltd 100 Wood Street London EC2V 7AN

Nominated Advisors Smith & Williamson 25 Moorgate London EC2R 6AY

Major Shareholders

Pershing Nominees Limited	212,604,103
Credit Suisse Client Nominees (UK) Limited	119,393,636
Lynchwood Nominees Limited	79,253,235
Fitel Nominees Limited	53,000,000

Related News

08/12/09 - Sound Oil Suffers As West African Deal Falls Through
22/10/09 - Sound Oil Linked To West Africa Oil Deal
17/08/09 - Investors Still Await News Of Sound Oil’s Projects In Indonesia With 2D Seismic Results Pending
25/06/09 - Sound Oil Remains Frustrated By Bangkanai Delays But New Citarum PSC Seismic Should Help Define Future Exploration Strategy
17/12/08 - Sound Oil Has a Disappoinment With Its Pasundan-1 Well Onshore Java, Indonesia

Most Recent Statement

26/01/10 - Directors' dealing intentions
26/01/10 - Operations Update Citarum PSC
16/12/09 - Director/PDMR Shareholding
19/10/09 - Possible acquisition
02/09/09 - Operations update
29/07/09 - Result of AGM