SDX Energy upbeat on latest developments in Morocco and Egypt

28th Jan 2020 13:01

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy announced on Tuesday that the OYF-2 well in Morocco, where it has a 75% working interest, has been drilled to a measured depth of 1,210 meters, and had encountered commercial quantities of gas in excess of pre-drill estimates.

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SDX Energy posts decent rise in production for 2019

22nd Jan 2020 08:57

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy updated the market on its operations and finances for 2019 on Wednesday, reporting full-year production of 4,020 barrels of oil equivalent per day (boepd) was 12% higher than 2018.

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SDX Energy reaches stabilised production rate early at South Disouq

10th Dec 2019 13:19

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy has achieved its targeted stabilised plateau production rate of 50 million standard cubic feet per day from its operated South Disouq concession in Egypt, where it has a 55% working interest, about three months earlier than initially expected, it announced on Tuesday.

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SDX Energy revenues slip as it continues development strategy

22nd Nov 2019 09:31

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy released its third quarter financial and operating results on Friday, reporting that production for the nine months ended 30 September increased to 3,501 barrels of oil equivalent per day net to SDX, compared with 3,455 barrels per day for the same period in 2018.

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SDX Energy begins production at South Disouq concession

12th Nov 2019 10:06

(Sharecast News) - Oil and gas explorer SDX Energy has commenced production at the South Disouq concession in Egypt, with all four discovery wells now hooked up to the central processing facility.

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SDX Energy to start 12-well drilling campaign in Morocco

25th Oct 2019 11:22

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy announced the start of a 12-well drilling campaign on Friday, targeting a mean 15 billion cubic feet of gross unrisked prospective resources, in its operated Gharb Basin acreage in Morocco, where it has a 75% working interest.

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SDX Energy makes solid development progress as it swings to loss

22nd Aug 2019 11:24

(Sharecast News) - North Africa-focussed oil and gas company SDX Energy reported net revenues of $25m (£20.62m) in its first half on Thursday - a year-on-year improvement of 4% - with higher production reportedly compensating for lower net realised average oil and service fees of $57 per barrel of oil equivalent, down from $62 per barrel in the first half of 2018.

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Monday broker round-up

3rd Jun 2019 12:07

(Sharecast News) - Ferguson: Peel Hunt upgrades to add with a target price of 5,430p.

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SDX Energy re-domiciles Canada company under SDX UK

28th May 2019 10:25

(Sharecast News) - SDX Energy announced on Tuesday it has completed a re-domiciliation transaction under a statutory plan of arrangement, under which SDX UK has become the ultimate parent company of SDX Canada and its subsidiaries.

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SDX Energy lowers production guidance in first quarter update

17th May 2019 15:03

(Sharecast News) - North Africa-focused oil and gas company SDX Energy issued its financial and operating results for the three months ended 31 March on Friday, reporting first quarter production of 3,715 barrels of oil per day (boepd), which was an increase of 22% year-on-year.

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SDX Energy expands presence in Morocco

7th Feb 2019 09:14

(Sharecast News) - North Africa focused oil and gas company SDX Energy has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.

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SDX Energy plans TSXV delisting

28th Jan 2019 10:39

(Sharecast News) - Oil and gas exploration outfit SDX Energy intends to delist from the Toronto Stock Exchange ahead of a move of its corporate residence to the UK from Canada.

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SDX Energy enjoys fruitful quarter, warns of Dissouq delay

26th Nov 2018 11:13

(Sharecast News) - North Africa focused oil and gas company SDX Energy shares dropped on Monday as it warned of later first production from its South Dissouq gas project but said the third quarter was "one of the best" in its history.

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Tests at SDX Energy's South Disouq well exceed expectations

17th Aug 2018 16:26

(Sharecast News) - Oil and gas company SDX Energy on Friday confirmed that a production test has successfully been completed at its SD-3X appraisal well at South Disouq, Egypt.

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SDX makes gas discovery on Egypt well

23rd Jul 2018 15:12

(Sharecast News) - North Africa-focussed oil and gas company SDX Energy announced on Monday that a gas discovery has been made at its SD-3X well in the South Disouq Concession in Egypt, where it holds a 55% working interest as the operator.

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