• The SDX management team has delivered a very good year with production ahead of expectations and lower capex.
• FY20 entitlement production was 6,427 boe/d, ahead of guidance of 6,000-6,270 boe/d given strong production at South Disouq (49.5 mmcf/d versus guidance of 47-49 mmcf/d) and in Morocco (6.5 mmcf/d versus guidance of 5.3-6.0 mmcf/d). The strong production in Morocco reflects the second CITIC Dicastal factory coming online as well as higher than expected offtake across the customer gro ....
06 Jan 2021
SDX Energy (AIM: SDX): Strong production in Morocco, Exciting drilling in 2021
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SDX Energy (AIM: SDX): Strong production in Morocco, Exciting drilling in 2021
SDX Energy PLC (SDX:LON) | 3.6 0 0.0% | Mkt Cap: 7.36m
- Published:
06 Jan 2021 -
Author:
Stephane Foucaud -
Pages:
6
• The SDX management team has delivered a very good year with production ahead of expectations and lower capex.
• FY20 entitlement production was 6,427 boe/d, ahead of guidance of 6,000-6,270 boe/d given strong production at South Disouq (49.5 mmcf/d versus guidance of 47-49 mmcf/d) and in Morocco (6.5 mmcf/d versus guidance of 5.3-6.0 mmcf/d). The strong production in Morocco reflects the second CITIC Dicastal factory coming online as well as higher than expected offtake across the customer gro ....