Seismic data surpasses expectations. SDX Energy has updated the market on its initial findings from the interpretation of the 3D seismic data that was acquired over its South Disouq permit in H1 2016. Having received the Pre-Stack Time Migrated (PSTM) data in mid September, the quality of the data set has surpassed expectations. Not only has it identified numerous leads and prospects in the Abu Madi formation (as expected), but early stage analysis has also identified a deeper oil bearing potential in the block. At this stage Management has not altered its existing risking and volumes. However, Investors should be aware of the increasing prospectivity of the area and the potential upside in the event of exploration success.

11 Oct 2016
Interpretation of 3D at South Disouq

Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
Interpretation of 3D at South Disouq
Seismic data surpasses expectations. SDX Energy has updated the market on its initial findings from the interpretation of the 3D seismic data that was acquired over its South Disouq permit in H1 2016. Having received the Pre-Stack Time Migrated (PSTM) data in mid September, the quality of the data set has surpassed expectations. Not only has it identified numerous leads and prospects in the Abu Madi formation (as expected), but early stage analysis has also identified a deeper oil bearing potential in the block. At this stage Management has not altered its existing risking and volumes. However, Investors should be aware of the increasing prospectivity of the area and the potential upside in the event of exploration success.