SDX announces reserves upgrade at South Disouq onshore concession
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 […]
SDX Energy achieves stabilised plateau production at South Disouq
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 […]
SDX Energy begins gas production at South Disouq concession in Egypt
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 […]
SDX Energy announces Egypt operational and corporate update
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 […]
SDX Energy Chief Executive Officer Paul Welch resigns
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 […]
SDX Energy announces potential delay for South Disouq first 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 […]
SDX completes successful production test at South Disouq SD-3X well
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 […]
SDX announces new gas discovery at South Disouq SD-3X well
SDX Energy Inc., the North Africa focused oil and gas company, announced that a gas discovery has been made at its SD-3X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator). The SD-3X well was drilled to a total depth of 7,842 feet and encountered 32.6 feet of net conventional natural […]
SDX Energy targets 100 Billion Cubic Feet of Natural Gas in Egypt
North Africa focused oil & gas company SDX Energy Inc said Thursday it is targeting a minimum of gross 100 billion cubic feet of conventional natural gas at its South Disouq concession in Egypt. SDX Energy holds a 55% working interest in South Disouq and in addition to the 100 bcf of conventional natural gas […]
SDX announces gas discovery at South Disouq SD-4X well onshore Egypt
SDX hits gas in Egypt – South Disouq appraisal to be converted to producer by end of year. UK-based player SDX Energy has found more gas in an appraisal well at its South Disouq concession in Egypt’s Nile Delta. The SD-4X probe encountered 89 feet of net conventional natural gas pay. Gas discovery at SD-4X […]