• 2Q22 production and net cash at the end of June had already been reported.
• Development drilling at West Gharib and South Disouq has delivered good results with six out of nine wells, four at West Gharib and two at South Disouq, drilled during 2022 now in production. At West Gharib, each well encountered 56-137 ft of net pay with good reservoir characteristics. Reservoir porosity at the MSD-27 well was 22.8%.
• Gross production at West Gharib has now reached 2,400-2,500 bbl/d (1H22: 1,976 bbl ....
18 Aug 2022
SDX Energy (AIM: SDX): 2Q22 in line. Growing production at West Gharib
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SDX Energy (AIM: SDX): 2Q22 in line. Growing production at West Gharib
SDX Energy PLC (SDX:LON) | 3.6 0 0.0% | Mkt Cap: 7.47m
- Published:
18 Aug 2022 -
Author:
Stephane Foucaud -
Pages:
5
• 2Q22 production and net cash at the end of June had already been reported.
• Development drilling at West Gharib and South Disouq has delivered good results with six out of nine wells, four at West Gharib and two at South Disouq, drilled during 2022 now in production. At West Gharib, each well encountered 56-137 ft of net pay with good reservoir characteristics. Reservoir porosity at the MSD-27 well was 22.8%.
• Gross production at West Gharib has now reached 2,400-2,500 bbl/d (1H22: 1,976 bbl ....