SDX Energy has released an operations update. Further interpretation of its 3D seismic data on the South Disouq exploration licence, onshore Egypt, has identified several prospects on the licence. SDX has a 55% working interest in this licence. These all display strong AVO responses. This will not only de-risk the prospectivity of the area but also provide shareholders with additional upside, should the initial exploration well in Q1 2017, prove to be successful. To reflect the exciting poten
15 Nov 2016
South Disouq de-risked further
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South Disouq de-risked further
SDX Energy PLC (SDX:LON) | 3.6 0 1.4% | Mkt Cap: 7.36m
- Published:
15 Nov 2016 -
Author:
Peter Hitchens -
Pages:
5
SDX Energy has released an operations update. Further interpretation of its 3D seismic data on the South Disouq exploration licence, onshore Egypt, has identified several prospects on the licence. SDX has a 55% working interest in this licence. These all display strong AVO responses. This will not only de-risk the prospectivity of the area but also provide shareholders with additional upside, should the initial exploration well in Q1 2017, prove to be successful. To reflect the exciting poten