Sound Oil gets approval from authorities for Nervesa well
Sound Oil, an Italian focused upstream oil and gas company, has received formal approval from the Treviso Province authorities of the Environmental Impact Assessment for the Nervesa appraisal well.
Sound Oil, an Italian focused upstream oil and gas company, has received formal approval from the Treviso Province authorities of the Environmental Impact Assessment for the Nervesa appraisal well.
The company says it expects final approval from the Italian Ministry of Economic Development will follow in about five weeks. Formal operations at the site will then begin with a view to starting drilling around the end of the year.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"This approval starts the countdown to well spud, which Sound Oil is targeting around the end of the year."
NR
-
Why UK investors are backing British stocks in 2026The UK stock market may be lacking fashionable technology shares but investors are keen to buy British next year
-
UK inflation live: did inflation fall in November?The ONS releases inflation data for November tomorrow (17 December). Has inflation continued its downward trend?
