TransGlobe announces amendment of Egypt’s Eastern Desert Production Sharing Contracts
TransGlobe Energy announces ratification of the consolidated and amended Eastern Desert Production Sharing Contracts. TransGlobe Energy has announced the ratification of the consolidated and amended Eastern Desert Production Sharing Contracts. Production Sharing Contract Ratification TransGlobe has received notification that its agreement with the Egyptian General Petroleum Corporation (‘EGPC’) to merge, amend and extend its three existing Eastern Desert concessions […]
SDX Energy spuds MSD-21 development well at West Gharib concession, Egypt
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 […]
SDX Energy extends Egypt’s West Gharib PSA for ten years to 2031
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 […]
TransGlobe agrees with EGPC to merge, extend & modernize its Eastern Desert Concessions
TransGlobe Energy Corporation announced it has reached an agreement with the Egyptian General Petroleum Corporation (“EGPC”) to merge the Company’s three existing Eastern Desert concessions (the West Gharib, West Bakr and North West Gharib concessions) into a new modernized concession agreement (the “Merged Concession” or “Agreement”). The Agreement is subject to the usual Egyptian Parliamentary […]
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 […]
