All monetary values are expressed in United States dollars net to the Company unless otherwise stated. SDX management will be hosting a conference call today at 9:00am UK time, details of which can be found in the release below.. The 24% year on year production increase in Morocco supported our customers' growth using natural gas, a less carbon-intensive fuel...
SDX Energy 12.5p £25.6m #SDX The MENA-focused oil and gas company, announces that as a result of the announcement made by the Financial Conduct Authority on 21 March 2020 requesting that, as a result of COVID-19 uncertainties, all listed companies should observe a moratorium on the publication of preliminary financial statements for at least two weeks, it has been forced to delay today's planned publication of its preliminary financial statements and its audited financial and operating results for the year ended 31 December 2019. The Company is in dialogue with AIM and other regulatory authorities on this matter and will endeavour to seek permission to release its preliminary financial statements and its audited financial and operating results for the year ended 31 December 2019 as soon as possible.
RNS Number: 1230 H SDX Energy PLC 23 March 2020. IMPLICATIONS OF FINANCIAL CONDUCT AUTHORITY ANNOUNCEMENT OF 21 MARCH 2020 REQUESTING ALL LISTED COMPANIES TO OBSERVE MORATORIUM ON PUBLICATION OF PRELIMINARY FINANCIAL STATEMENTS. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
SDX Energy Plc #SDX announced an update on its drilling operations in Morocco and Egypt. The LMS-2 well (SDX 75% working interest) has been drilled to a measured depth of 1,190 metres, and the Company is pleased to advise that electric logging has shown that a 10.6 metre net gas reservoir with 30.9% porosity has been encountered on prognosis at the base of the H9/Srafen formation. Unlike previous gas discoveries in the south of the acreage, analyses while drilling indicated that the different thermogenic composition of the gas suggests that it is from a new and likely deeper source rock. The well has been cased and completed and, when changes to Covid-19 restrictions make it possible to bring a well testing crew into the country, it will be perforated and tested to determine its potential. The SD-12X (Sohbi) well at South Disouq in Egypt (SDX 55% working interest, 100% working interest in this well) has commenced drilling operations. Sohbi is expected to a reach its targeted depth of approximately 2,300 metres in late April and is targeting gross P50 unrisked prospective resources of c.33 bcfe, as estimated by management. Sohbi's primary target is in the same Kafr el Sheikh formation that the Company's existing Ibn Yunus well is already producing from.
Update on drilling operations in Morocco and Egypt. SDX Energy Plc, the MENA-focused oil and gas company, is pleased to provide the following update on its drilling operations in Morocco and Egypt.. The SD-12X well at South Disouq in Egypt has commenced drilling operations..
RNS Number: 5184 G SDX Energy PLC 17 March 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5118 G SDX Energy PLC 17 March 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
SDX Energy Plc #SDX announced that the Rabul-3 development well in the West Gharib Concession in Egypt was drilled to a total depth of 5,129 feet and has encountered approximately 116 feet of net heavy oil pay across the Yusr and Bakr formations. Moreover, the well will be completed as a producer later this month, connected to the central processing facilities at Meseda and is expected to be brought on-line at an average stabilised rate of approximately 300 bopd.
Result of Rabul-3 Well, West Gharib Concession, Egypt. SDX Energy Plc, the MENA-focused oil and gas company, is pleased to announce the result of its Rabul-3 well in the West Gharib Concession in Egypt.. The Rabul-3 development well in the West Gharib Concession in Egypt was drilled to a total depth of 5,129 feet and encountered approximately 116 feet of net heavy...
SDX Energy Plc #SDX announced that the play-opening BMK-1 well in Morocco reached depth of 1,551 meters, encountering commercial quantities of gas in both target horizons. SD-6X in Egypt is not found to be commercially viable with its results being analysed. Further, SD-12X in Egypt is expected to spud in the next two to three weeks, targeting 33 bcfe and not anticipated to have any technical read across from SD-6X. The company expects to significantly extend reserve life and support lower CO2 emissions at its customers.
Update on drilling operations in Morocco and Egypt. SDX Energy Plc, the MENA-focused oil and gas company, is pleased to provide an update on drilling operations in Morocco and Egypt.. ·Play-opening BMK-1 well in Morocco reached depth of 1,551 meters, encountering commercial quantities of gas in both target horizons..
In Morocco, SDX has a 75% working interest in the Sebou concession, situated in the Gharb Basin. The producing assets in Morocco are characterised by exceptionally low operating costs, making them particularly resilient in a low commodity price environment. SDX's portfolio also includes high impact exploration opportunities in both Egypt and Morocco..
SDX Energy (SDX.L) 22.5p £46.06m The SD-6X (Salah) well at South Disouq in Egypt (SDX 55%) has commenced drilling operations. Expected to a reach its targeted depth of c. 9,000 feet in late March/ early April and is targeting gross P50 unrisked prospective resources of c.71 bcfe. The primary targets are in the same Kafr el Sheikh and Abu Madi formations that the existing four wells are already producing from. #SDX
Commencement of drilling operations at South Disouq in Egypt. SDX Energy Plc, the MENA-focused oil and gas company, is pleased to announce that the SD-6X well at South Disouq in Egypt has commenced drilling operations.. If successful, the Salah and Sobhi wells would require short, 8.0 kilometre and 5.8 kilometre, tie-ins to the South Disouq Central Processing...
RNS Number: 6869 C SDX Energy PLC 12 February 2020. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
SDX Energy Plc #SDX announced the appointment of Catherine Stalker as Independent Non-Executive Director, effective from 6 February 2020.
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Company Profile

SDX Energy is engaged in exploring, developing and operating oil and gas properties, focusing primarily on Egypt.

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38 Welbeck Street
London
W1G 8DP
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