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SDX Energy 'looking good' after successful operations in Egypt and Morocco

Proactive Investors oil and gas correspondent Jamie Ashcroft looks back on what’s been a busy first half of the year for SDX Energy Inc (LON:SDX, CVE:SDX)

This week they spudded the SD-3X well at the South Disouq project in Egypt.

It is the second of two planned appraisal wells for South Disouq, both of which are precursors to production.

In Morocco, SDX has identified a significant volume of low risk/high value drilling opportunities which they plan to target in their next drilling campaign next year.

Quick facts: SDX Energy Inc

Price: 26 GBX

Market: AIM
Market Cap: £53.23 m

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Investor Update: SDX Energy hits stable production at South Disouq

Headlines from the Proactive UK newsroom. SDX Energy (LON:SDX) has achieved stable production at its South Disouq concession in Egypt three months earlier than initially expected. Gas has been flowing since 7 November at a fixed price.  Eco Atlantic (LON:ECO) and its partners on the...

on 10/12/19

2 min read