Sound Energy raises its estimates on the TE-7 well

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Sound Energy has upgraded its gas estimates for the TE-7 well at the Tendrara deposit in the Oriental region. After analyzing new pressure data, the British company estimates that the gas resources originally in place (GOIP) will reach a volume of 115 billion cubic feet against 40 billion cubic feet estimated in July 2017.

“The significant increase in the company’s estimates of the gas resources originally in place at the TE-7 well reinforces the company’s development plan on the ground …”, the company stresses.