Market Reaction: neutral. The Company's 3D seismic programme at South Disouq (SDX 55% WI), onshore the Nile Delta in Egypt, has commenced. It is expected to take approximately three months after which a 3-4 month period of processing and interpretation will be undertaken which will help inform the selection of a location for a high impact exploration well forecast to be drilled in 4Q16.
16 Mar 2016
3D SEISMIC ON SOUTH DISOUQ COMMENCED IN EGYPT
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3D SEISMIC ON SOUTH DISOUQ COMMENCED IN EGYPT
SDX Energy PLC (SDX:LON) | 3.6 0 1.4% | Mkt Cap: 7.36m
- Published:
16 Mar 2016 -
Author:
Stephane Foucaud -
Pages:
2
Market Reaction: neutral. The Company's 3D seismic programme at South Disouq (SDX 55% WI), onshore the Nile Delta in Egypt, has commenced. It is expected to take approximately three months after which a 3-4 month period of processing and interpretation will be undertaken which will help inform the selection of a location for a high impact exploration well forecast to be drilled in 4Q16.