SDX Energy released its Q3 2016 results on Friday with the company reporting a small profit of US$0.1 million in the quarter. More importantly, on the operational side the company remains on track. On its Meseda licence, management is completing its final technical review and has started to tender for equipment to increase the facility capacity to allow a doubling of production in 2017. On the South Disouq exploration licence, interpretation of the 3D seismic data is progressing well and init
29 Nov 2016
Still on track
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Still on track
SDX Energy PLC (SDX:LON) | 3.6 0 0.0% | Mkt Cap: 7.47m
- Published:
29 Nov 2016 -
Author:
Peter Hitchens -
Pages:
5
SDX Energy released its Q3 2016 results on Friday with the company reporting a small profit of US$0.1 million in the quarter. More importantly, on the operational side the company remains on track. On its Meseda licence, management is completing its final technical review and has started to tender for equipment to increase the facility capacity to allow a doubling of production in 2017. On the South Disouq exploration licence, interpretation of the 3D seismic data is progressing well and init