SDX Energy plc Announces Operating Results for the Second Quarter and Six Months Ended June 30, 2019; Provides Production Guidance for the Year 2019
First half 2019 production of 3,539 boe/d, net to SDX, an increase of 9% from first half of 2018 due to successful drilling in Meseda and increased gas sales in Morocco.
For the full year 2019, the company expects NW Gemsa - WI 50% production of 3,000 boe/d to 3,200 boe/d, Meseda WI 50% production of 4,000 boe/d to 4,200 boe/d and Morocco WI 75% production of 6.0 MMscf/d to 6.5 MMscf/d 2019 annual average rate.