Oil & Gas commentator Malcolm Graham-Wood discusses with Proactive's Stocktube Sound Energy's final decisive stages of work on Badile.
It has reached the fourth casing point at the well, near Milan, at 3,379 metres in the Eocene Scaglia formation.
This puts it just over 1,000 metres from its total target depth, set at 4,450 metres.
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Headlines from the Proactive UK newsroom. Sound Energy (LON:SOU) has signed a preliminary agreement to sell just over half its stake in its Tendrara licences in East Morocco for US$113mln. The consideration is US$54mln cash and the rest is a carry for future capital...
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