Sound Oil Plc announced the conclusion of the 'Conferenza Servizi' process for the Nervesa appraisal well. This is the final step of the approval process organized by the Ministry of Economic Development with the participation of the Veneto Region, Treviso Province, Local Council and various local governmental bodies to reach agreement to approve the drilling of the well. Following the successful 'Conferenza Servizi' on January 21, the written 'Autorizzazione' approving the appraisal well will now be issued and the company expects to receive this before the end of this month.

The company confirm that preparation of the Nervesa well site, to allow access and equipment storage, has now commenced.