SDX Energy Plc

]SDX Energy Inc.[/wp] provides its 2019 operational outlook and advises of its intention to delist from the TSXV in conjunction with a move of its corporate residence of the Group's holding company to the UK from Canada.   Morocco The Gharb Centre 3D seismic acquisition undertaken in H2 2018 has now been processed and an initial interpretation completed. The data quality is excellent and as a result, multiple leads and [...]

596/2014 . , Jan. 14, 2019 /CNW/ - SDX Energy Inc. , the North Africa focused oil and gas company, is pleased to provide an update on operational developments in Egypt.  A full operations update will be announced in late January 2019. The SRM-3 well at South Ramadan , reached a target depth of 15,635 feet and the operator has reported encountering 75 feet of net conventional oil pay in the Matulla section , 20 feet of net [...]

596/2014 . , SDX Energy Inc. , the North Africa focused oil and gas company, is pleased to announce its unaudited financial and operating results for the three and nine months ended September 30, 2018.  All dollar values are expressed in United States dollars net to the Company unless otherwise stated. Highlights – three and nine months ended September 30, 2018 Corporate and Financial SDX's key financial metrics for [...]

SDX Energy Inc. announces that, further to the announcement made on 20 September 2018, discussions regarding its proposed acquisition of a significant package of assets in Egypt from BP have been terminated by mutual agreement. As the Acquisition is no longer proceeding, the suspension of the Company's shares from trading on AIM will be lifted from 7.30am on 18 October 2018. The Company has also requested for the [...]

SDX Energy notes the recent press speculation relating to the Company. The Board confirms that it is in discussions for the acquisition of a significant package of assets in Egypt from BP. The Acquisition would constitute a reverse take-over under Rule 14 of the AIM Rules for Companies and would be subject to Shareholder approval. In accordance with the AIM Rules the Company's shares have been suspended from trading on [...]

596/2014 . , Aug. 28, 2018 /CNW/ - SDX Energy Inc. , the North Africa focused oil and gas company, is pleased to announce its financial and operating results for the three and six months ended June 30, 2018.  All dollar values are expressed in United States dollars net to the Company unless otherwise stated. Highlights – three and six months ended June 30, 2018 Corporate and Financial SDX's key financial metrics for [...]

SDX Energy is pleased to announce that a successful production test has been conducted at its SD-3X appraisal well at South Disouq, Egypt . The well flowed at a maximum rate of 16.1 MMscfd of conventional natural gas during an eight hour clean up period and was then shut in for eight hours, during which time no pressure decline was observed. Following this, by varying choke sizes, the well was flowed for two successive [...]

SDX Energy is pleased to announce that a gas discovery has been made at its SD-3X well in the South Disouq Concession. The SD-3X well was drilled to a total depth of 7,842 feet and encountered 32.6 feet of net conventional natural gas pay in the Abu Madi and Kafr el Sheik horizons, with an average porosity in the pay sections of 21.7%.   The SD-3X well will now be completed as a producer in the Abu Madi horizon and then [...]

SDX Energy is pleased to announce that, through its subsidiary SDX Energy Morocco Limited, it intends to sign later today a Facility Agreement with the European Bank for Reconstruction and Development for the provision of a three year US$10 million Reserves Based Lending Credit Facility with an 'Accordion' feature taking total potential availability up to US$20 million .   The Facility will be available for use in Morocco [...]

SDX Energy is pleased to announce that a successful production test has been conducted at its SD-4X appraisal well at South Disouq. The well flowed at a maximum rate of 30.4 MMscfd during an eight hour clean up period and was then shut in for eight hours, during which time no pressure decline was observed. Following this, by varying choke sizes the well was flowed for two successive 12-hour periods at average rates of 5.4 [...]