SDX Energy is pleased to announce that the ONZ-7 well on the Sebou permit in Morocco has been completed and tested. Using a 48/64" choke, the ONZ-7 well achieved an average flow rate of conventional natural gas of 10 MMscf/d . The well will now be shut in for several days for a pressure build-up after which it will be connected to the local infrastructure. Paul Welch, President and CEO of SDX, commented: "Today's positive [...]
SDX Energy Inc. has spud its KSS-2 development well on the Sebou permit in Morocco. The KSS-2 well is the sixth in the Company's nine well campaign. The well is anticipated to take 10-15 days to drill and if successful is expected to be completed, flow tested and connected to existing infrastructure in the near term. The recently drilled ONZ-7 well will be completed today and will commence test production early next week [...]
SDX Energy provides a 2018 operational outlook statement prior to today's site visit for sell-side and industry analysts in Morocco. Given continued drilling success, 2018 gross production is targeted to increase in line with new customer tie-ins. Depending on timing of tie-ins, SDX is targeting gross production of 8-10mmscf/d of conventional natural gas by the end of 2018.
DX Energy is pleased to announce that a gas discovery has been made at its ONZ-7 development well on the Sebou permit in Morocco. The ONZ-7 well was drilled to a total depth of 1,167 meters with 5 meters of net conventional natural gas pay in the Hoot formation. The well came in on prognosis but reservoir quality exceeded initial expectations, encountering porosity in the pay section of 35.3%.
SDX Energy has spud its ONZ-7 development well on the Sebou permit in Morocco. The ONZ-7 well is the fifth well in the Company's nine well campaign. The well is anticipated to take 10-15 days to drill and if successful is expected to be completed, flow tested and connected to existing infrastructure.
SDX Energy is pleased to announce that the KSR-16 well on the Sebou permit in Morocco (SDX 75% working interest) has been completed and tested at a restricted average flow rate of conventional natural gas into the sales line of 8.43 MMscfd (million standard cubic feet per day). The well has also now been placed on production.
The drilling rig is in the process of completing the move to the ONZ-7 location and this well is [...]
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