SDX Energy Plc

SDX Energy is pleased to announce that a conventional natural gas discovery has been made at its LNB-1 exploration well on the Lalla Mimouna permit in Morocco. The LNB-1 well was drilled to a total depth of 1861 meters. The primary target was in the Lafkerena sequence, where 300 meters of gas bearing horizons were encountered in a significantly over-pressured section. The mudlog obtained through the section showed [...]

SDX Energy is pleased to announce that a gas discovery has been made at its Ibn Yunus-1X exploration well at South Disouq. The Ibn Yunus-1X well was drilled to a total depth of 9068 feet and encountered 100.8 feet of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 28.5%. The well came in on prognosis but with a reservoir section that was of better quality and [...]

SDX Energy is pleased to announce that it has spud its Ibn Yunus-1X exploration well at South Disouq, Egypt. The Ibn Yunus-1X well, anticipated to take approximately 30 days to drill, will be targeting the same conventional natural gas bearing Abu Madi intervals discovered in the SD-1X well in April 2017.  This is the first of a planned four well program on the South Disouq concession.  The Ibn Yunus-1X well will be [...]

596/2014 . , March 23, 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 months and year ended December 31, 2017 .  The Company's full annual audited financial statements and annual report have been published on the Company website at www.sdxenergy.com and on SEDAR at www.sedar.com.  All monetary values are expressed in [...]

SDX Energy is pleased to announce that the SAH-2 well on the Sebou permit in Morocco has been completed and tested at a restricted rate on a 40/64" choke. The well achieved an average flow rate of conventional natural gas of 12.9 million standard cubic feet per day , with a maximum flow rate during this test of 13.5 MMscf/d.  The well will now be shut in for several days for a pressure build-up after which it will be [...]

SDX Energy is pleased to announce that an oil discovery has been made at its Rabul 5 Well in the West Gharib Concession in Egypt. The well was drilled to 5,280 feet total depth and encountered approximately 151 feet of net heavy oil pay across the Yusr and Bakr formations, with an average porosity of 18%. Further evaluation of the discovery is ongoing, after which the Company expects the well to be completed as a producer [...]

SDX Energy is pleased to announce that a gas discovery has been made at its SAH-2 well on the Sebou permit in Morocco. The SAH-2 well was drilled to a total depth of 1,304 meters and encountered 5.2 meters of net conventional natural gas pay across two zones in the Guebbas and Hoot formations with an average porosity in the pay section of 33%. The well came in on prognosis but with a reservoir thickness above pre-drill [...]

SDX Energy announces that on 5 March 2018 the Company issued awards under its long term incentive plan to its Executive Directors and certain other key employees. It is important to note that stretching strategic, operational, financial and shareholder return performance criteria must be met for the LTIPs to vest.  The Company recognizes the need to ensure that Executive Directors and key employees from its operational [...]

SDX Energy has spud its SAH-2 development well on the Sebou permit in Morocco. The SAH-2 well is anticipated to take 15-20 days to drill and if successful is anticipated to be completed, flow tested and connected to existing infrastructure in the near term. About SDX SDX is an international oil and gas exploration, production and development company, headquartered in London, England, UK, with a principal focus on North [...]

SDX Energy the North Africa focused oil and gas company, announces that the KSS-2 well on the Sebou permit in Morocco was drilled to a total depth of 1293 meters encountering 8 net meters of high quality reservoir interval in the Gaddari and Guebbas sequences with an average porosity of 30%. However, whilst the intervals came in on prognosis, they had low gas saturation and were not deemed to be commercial. The KSS-2 well [...]