Newsletter subscribe
Tag: SDX Energy
Egypt-South-Disouq SDX

SDX announces reserves upgrade at South Disouq onshore concession

Posted: January 7, 2020 at 8:54 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has announced that upon completion of an independent technical and economic audit of the reserves at its operated South Disouq concession (SDX: 55% working interest), Gaffney, Cline & Associates (GCA) has reported that gross proved plus probable reserves (‘2P reserves’), as at 30 September 2019, are 86 […]

No Comments read more
SDX

SDX Energy achieves stabilised plateau production at South Disouq

Posted: December 10, 2019 at 1:25 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has achieved its targeted stabilised plateau production rate of 50 MMscfe/d from its operated South Disouq concession (SDX: 55% working interest) in Egypt approx. three months earlier than initially expected. Gas has been flowing through the South Disouq Central Processing Facility (‘CPF’) since 7 November 2019 with […]

No Comments read more
Egypt-South-Disouq SDX

SDX Energy begins gas production at South Disouq concession in Egypt

Posted: November 12, 2019 at 12:20 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has announced the commencement of production from its operated South Disouq concession (SDX: 55% working interest) in Egypt. Gas has been flowing through the South Disouq Central Processing Facility (‘CPF’) since 7th November 2019.  Each of the four discovery wells have been hooked up to the CPF […]

No Comments read more
SDX

SDX Energy announces successful MSD-19 well in West Gharib Concession

Posted: September 18, 2019 at 12:28 pm   /   Oil & Gas

SDX Energy, the North Africa focused oil and gas company, has announced that the MSD-19 development well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator) has encountered a commercial oil accumulation. The well was drilled to a total depth of 4,665 feet and encountered approximately 135 feet of net […]

No Comments read more
sdx

SDX Energy announces Egypt operational and corporate update

Posted: July 8, 2019 at 3:04 pm   /   Oil & Gas

Highlights Development of South Disouq (SDX 55% working interest and operator) continues on schedule and on budget, with factory acceptance tests for the central processing facility (“CPF”) and compressor, the first of three project milestones, now successfully completed. Both pieces of equipment are now commencing the process of being shipped to Egypt with a view […]

No Comments read more
Paul Welch

SDX Energy Chief Executive Officer Paul Welch resigns

Posted: May 17, 2019 at 3:53 pm   /   Oil & Gas

Boss of North Africa-focused junior resigns: UK junior SDX Energy is on the hunt for a new chief executive after Paul Welch quit. The London-listed player, which focuses on Egypt and Morocco, said on Friday that Welch “will be resigning as a director, and as president and chief executive officer, of the company with effect […]

No Comments read more
SDX

SDX Energy announces potential delay for South Disouq first gas

Posted: April 8, 2019 at 10:17 pm   /   Oil & Gas

SDX Energy reports that the current targeted start-up date for gas production at South Disouq of mid-year 2019 is based on an overall development concept, whereby an Early Production Facility (‘EPF’) will be leased to process the produced gas, prior to completion of the main Central Gas Processing Facility. At present, the final commercial terms […]

No Comments read more
south_ramadan

Pico hits oil pay in South Ramadan concession offshore Egypt

Posted: January 14, 2019 at 1:01 pm   /   Oil & Gas

Pico Oil has encountered oil pay at its well located in the South Ramadan concession offshore Egypt. The South Ramadan Concession is located offshore in the Gulf of Suez. SDX Energy is a 12.75% equity owner in the concession with Pico holding 37.5% and operatorship and GPC holding the remaining 50%. SDX Energy said on […]

No Comments read more
SDX

SDX Energy ends talks with BP over the sale of Egyptian assets

Posted: October 18, 2018 at 3:26 pm   /   Oil & Gas

SDX Energy and BP mutually agree to end discussions which could have see SDX buy a package of assets. SDX Energy, the North Africa focused oil and gas company, has announced that, further to the announcement made on 20 September 2018, discussions regarding its proposed acquisition of a significant package of assets in Egypt from […]

No Comments read more
South Disouq

SDX completes successful production test at South Disouq SD-3X well

Posted: August 22, 2018 at 8:55 pm   /   Oil & Gas

SDX Energy Inc., the North Africa focused oil and gas company, announced that a successful production test has been conducted at its SD-3X appraisal well at South Disouq, Egypt (SDX 55% working interest and operator). The well flowed at a maximum rate of 16.1 MMscfd of conventional natural gas during an eight hour clean up […]

No Comments read more