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Oil & Gas

SDX Energy increases investments in South Disouq concession to $17 million

south disouq
Posted: September 22, 2016 at 4:54 pm   /   by   /   comments (0)

sdxSDX Energy has increased its investment in the South Disouq concession from USD 9 mn to USD 17 mn, said country Manager Ahmed Moaaz, Al Mal reported, quoting him as saying the company will drill the first well at the concession sometime in 1Q2017.

SDX had signed a contract with Polish firm Geofizyka Torun to complete 3D seismic mapping for the area, with the firm completing the acquisition of 115 square miles of 3D data back in June.


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