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SDX Energy offers an 'astonishing opportunity' - Malcolm Graham-Wood

Oil and Gas commentator Malcolm Graham-Wood discusses SDX Energy's (LON:SDX, CVE:SDX) latest positive result for the recently drilled ONZ-7 well at the Sebou permit, onshore Morocco.

It achieved an average flow rate of 10mln cubic feet of gas per day during the test.

Graham-Wood also touches on Diversified Gas and Oil PLC (LON:DGOC) following their two significant acquisitions last week.

On Eco Atlantic Oil & Gas Ltd (LON:ECO), Graham-Wood says ''this is going to be a very, very interesting stock this year''. Their exploration projects in Guyana and Namibia - which are partnered with major oil firms - are advanced towards drilling.

And he also has a word on Jersey Oil & Gas Plc (LON:JOG) where  a follow on to the Verbier discovery well is planned for this summer.

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Price: 19.25 GBX

AIM:SDX
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Market Cap: £39.41 m
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Morning Report: SDX Energy’s OYF-2 well in Morocco hits commercial gas...

Headlines from the Proactive UK newsroom. SDX Energy’s (LON:SDX) OYF-2 well in Morocco has encountered commercial quantities of gas in excess of pre-drill estimates. The discovery also confirmed the company's core productive area extends to the north. Avacta (LON:AVCT) has demonstrated...

on 28/1/20

2 min read