SDX Energy released an operations update yesterday morning, containing two important elements. Following the discovery at SD- 1X, the company has provided a resources update on its South Disouq licence in Egypt, where it has a 55% working interest. Its reserve auditors are estimating 2C resources of 47 BCF of gas and 2.3 mmbbl of condensate while best case additional prospective resources are now estimated at 180 BCF of gas and 8.7 mmbbl. Secondly, the company is also cranking up activity in
06 Jul 2017
Operations Update
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Operations Update
SDX Energy PLC (SDX:LON) | 3.6 0 0.0% | Mkt Cap: 7.36m
- Published:
06 Jul 2017 -
Author:
Peter Hitchens -
Pages:
6
SDX Energy released an operations update yesterday morning, containing two important elements. Following the discovery at SD- 1X, the company has provided a resources update on its South Disouq licence in Egypt, where it has a 55% working interest. Its reserve auditors are estimating 2C resources of 47 BCF of gas and 2.3 mmbbl of condensate while best case additional prospective resources are now estimated at 180 BCF of gas and 8.7 mmbbl. Secondly, the company is also cranking up activity in