Sound Energy PLC (LON:SOU) has completed drilling at its first Tendrara well in Morocco.
The upstream gas company, focused on the Mediterranean, drilled to a total depth of 2,665 metres (m).
The group identified the TAGI reservoir 12 metres higher than that identified in its TE5 well.
At 2,535m, the company believes it has successfully drilled the top of the structure, confirming geological depositional continuity of the TAGI sandstones within the area.
The group also identified significant gas shows while drilling the reservoir. A total gross pay of 89 metres has been identified.
Sound Energy will proceed with the planned rigless operations to mechanically stimulate the reservoir followed by a well test.
Shares rose 6% to 17.7p.
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