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Tag: SDX Energy
SDX

SDX Energy completes drilling of MSD-24 well at West Gharib Concession, Egypt

Posted: June 13, 2022 at 10:40 am   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the completion of drilling at the MSD-24 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX WI: 50%). MSD-24 encountered the primary top Asl Formation reservoir at 4,089ft MD (3,276ft TVDSS) and reached a TD of 4,625 feet MD on 5 June 2022. The well […]

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SDX

SDX Energy commences oil production at MSD-25 well, West Gharib concession

Posted: March 20, 2022 at 12:27 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the commencement of oil production at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-25, which encountered the primary top Asl Formation reservoir at 4,109ft MD (3,361ft TVDSS) and reached 4,385ft TD on 22 February 2022, after drilling through […]

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SDX

SDX Energy spuds SD-5X well at South Disouq Concession

Posted: March 11, 2022 at 9:37 pm   /   Oil & Gas

SDX Energy, the MENA-focused energy company, has announced the spudding of the SD-5X exploration well, targeting the Warda prospect in the South Disouq development lease. SD-5X spudded on 4 March 2022 and is expected to reach TD in approx. three weeks. The primary target, which has already been encountered in the Ibn Yunus and Sobhi field reservoirs, is the basal Kafr El Sheikh sand at […]

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SDX

SDX Energy completes drilling at the MSD-25 well in West Gharib

Posted: March 3, 2022 at 11:24 am   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the completion of drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-25 encountered the primary top Asl Formation reservoir at 4,109ft MD (3,361ft TVDSS) and reached a TD of 4,385ft MD. The well encountered 84.8ft of good-quality, […]

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Egypt-South-Disouq

SDX announces proposed disposal of 33% of South Disouq for $5 million

Posted: February 2, 2022 at 12:57 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, has announced the proposed disposal of 33% of the shares in the entity that holds its interests across its South Disouq concession and its intention to initiate a share buyback program of up to US$3.0 million in H2 2022. All monetary values are expressed in United States dollars net to the Company […]

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SDX

SDX Energy spuds MSD-21 development well at West Gharib concession, Egypt

Posted: October 18, 2021 at 11:46 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the spudding of the MSD-21 infill development well on the Meseda field. The well is the first, in a fully funded, 12 well development campaign on the Meseda and Rabul oil fields in the West Gharib concession, Egyptian Eastern Desert. The development drilling campaign is aimed at growing production […]

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SDX

SDX Energy provides update on drilling operations at Ibn Yunus-2 well in Egypt

Posted: July 13, 2021 at 3:46 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, has provided an update on drilling operations at the Ibn Yunus-2 well in the South Disouq Exploration Permit onshore Nile Delta, Egypt (SDX 55% working interest). The well was drilled to a measured depth of 8,025 feet, encountering 40.5 feet net-pay of high-quality gas-bearing sands, with […]

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SDX

SDX Energy starts drilling campaign in South Disouq with spudding of IY-2 well

Posted: June 29, 2021 at 2:18 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the commencement of the South Disouq drilling campaign, which will comprise two wells over the next few months. Mark Reid, CEO of SDX, commented: ‘After our previous highly successful campaigns at South Disouq where we have achieved five discoveries from seven wells drilled, I am excited […]

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West Gharib

SDX Energy extends Egypt’s West Gharib PSA for ten years to 2031

Posted: March 6, 2021 at 11:22 am   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in its West Gharib concession in Egypt until 9 November 2031.   Mark Reid, CEO of SDX, commented: ‘We are very pleased to have secured […]

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Egypt-NW-Gemsa-SDX

Gulf Energy pays $1.4 million to North Petroleum for operations at NW Gemsa

Posted: August 16, 2020 at 11:45 am   /   Oil & Gas

Gulf Energy has paid off USD 1.4 million in arrears SDX Energy owed to China’s North Petroleum for production at the North West Gemsa concession, which SDX and North Petroleum were operating together, Al Mal reports, citing an unnamed industry source. SDX sold its 50% working interest in the concession to Gulf Energy last month […]

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