SDX Energy announces result of Rabul-3 well in West Gharib Concession
SDX Energy, the MENA-focused oil and gas company, has announced the result of its Rabul-3 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). The Rabul-3 development well in the West Gharib Concession in Egypt was drilled to a total depth of 5,129 feet and encountered approx. 116 feet […]
SDX Energy provides year end operational and financial update
SDX Energy Plc, the MENA-focused oil and gas company provides a year end 31 December 2019 operations and financial update and sets out production and capex guidance for 2020. All monetary values are expressed in United States dollars net to the Company unless otherwise stated. Production and Capex: 2019 Year End Update and 2020 […]
SDX Energy announces successful MSD-19 well in West Gharib Concession
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 […]
SDX makes new oil discovery in Egypt’s West Gharib concession
SDX Energy Inc., London, encountered 134 ft of net heavy oil pay across the Lower Miocene age Yusr and Bakr formations, with an average porosity of 18%. Drilled to 5,323 ft TD, the Rabul-7 development well in the West Gharib concession in Egypt was completed as a producer, connected to the central processing facilities at […]
SDX Energy announces oil discovery at West Gharib Concession
Oil discovery at Rabul 4 Well, West Gharib Concession, Egypt. SDX Energy, the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul 4 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). The well was drilled to a total […]
SDX Energy announces oil discovery at West Gharib Concession in Egypt
SDX Energy, the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul 5 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). The well was drilled to 5,280 feet total depth and encountered approx. 151 feet of net heavy […]
SDX Energy pursues Egypt development in 2018
SDX Energy Inc. anticipates spudding the Ibn Yunus-1X exploration well at South Disouq, Egypt, in mid-March. The operator signed a contract with Sino-Tharwa Drilling Co. for the ST-6 rig, which includes agreement for four additional firm wells. The rig is on location in Egypt’s Western Desert completing drilling for a separate operator and is expected […]
TransGlobe Energy announces Q4 2017 Egypt operations update
TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights: Annual 2017 average production is trending to ~15.4 MBoepd, a 27% increase over 2016. Lifted and sold ~510 thousand barrels of entitlement crude oil in Egypt in late November for […]
SDX Energy announces oil discovery at Rabul-2 well in Egypt's West Gharib Concession
SDX Energy, the North Africa focused oil and gas company, has announced that an oil discovery has been made by the Rabul-2 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). The well encountered approx. 101.5 feet of net heavy oil pay across the Yusr and Bakr sand formations, […]
Egypt and cashflow are the key to TransGlobe Energy’s recovery
Company believes Egypt still offers a fantastic opportunity for oil exploration. Egypt has been a tough place to operate for oil and gas companies in recent years, especially the western ones. Markets are also wary given the political upheaval, but Toronto and NASDAQ-listed oil producer TransGlobe Energy Corporation reckons the share price treatment it has […]
