• 3Q21 cash flow of US$7.7 mm and production were in line with our expectations. The FY21 guidance (production and capex) has been reiterated.
• 3Q21 net sales in Morocco were 5.3 mmcf/d, down from 6.2 mmcf/d in 1Q21 (in line with expectations) due to some customers completing maintenance and others customers cutting back production (and therefore gas consumption) due to the worldwide semi-conductor shortage.
• South Disouq production was 45.5 mmcf/d near the top end of the FY21 production guid ....
19 Nov 2021
SDX Energy (AIM: SDX): Revisiting South Disouq
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SDX Energy (AIM: SDX): Revisiting South Disouq
SDX Energy PLC (SDX:LON) | 3.6 0 1.4% | Mkt Cap: 7.36m
- Published:
19 Nov 2021 -
Author:
Stephane Foucaud -
Pages:
5
• 3Q21 cash flow of US$7.7 mm and production were in line with our expectations. The FY21 guidance (production and capex) has been reiterated.
• 3Q21 net sales in Morocco were 5.3 mmcf/d, down from 6.2 mmcf/d in 1Q21 (in line with expectations) due to some customers completing maintenance and others customers cutting back production (and therefore gas consumption) due to the worldwide semi-conductor shortage.
• South Disouq production was 45.5 mmcf/d near the top end of the FY21 production guid ....