SDX has produced its 2019 production and capex guidance with South Disouq (55%WI, Op) resuming its position as the most material source of growth this year. In Egypt, at South Disouq, SDX targets first gas in mid-2019 with a plateau gross production of 50 – 60 mmcf/d and overall net capex of c. US$22 mm for development and exploration. At the Meseda concession (SDX 19.25%), 2019 gross production guidance is c. 4.0 – 4.2 mbbl/d and net capex guidance is c. US$4 mm. At NW Gemsa (50%
31 Jan 2019
South Disouq resumes centre stage
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South Disouq resumes centre stage
SDX Energy PLC (SDX:LON) | 3.6 0 0.0% | Mkt Cap: 7.36m
- Published:
31 Jan 2019 -
Author:
Stephane Foucaud -
Pages:
7
SDX has produced its 2019 production and capex guidance with South Disouq (55%WI, Op) resuming its position as the most material source of growth this year. In Egypt, at South Disouq, SDX targets first gas in mid-2019 with a plateau gross production of 50 – 60 mmcf/d and overall net capex of c. US$22 mm for development and exploration. At the Meseda concession (SDX 19.25%), 2019 gross production guidance is c. 4.0 – 4.2 mbbl/d and net capex guidance is c. US$4 mm. At NW Gemsa (50%