SDX Energy plc

Equities

SDX

GB00BJ5JNL69

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 09:05:15 15/05/2024 pm IST			5-day change	1st Jan Change
3.85 ^GBX	0.00%		+5.48%	+2.67%

09/05	Transcript : SDX Energy plc - Special Call
03/05	SDX Energy completes drilling operations in Rharb Basin	AN

SDX Energy says KSR-21 begins producing gas upon government approval

April 29, 2024 at 06:40 pm IST

(Alliance News) - SDX Energy PLC on Monday said that that the KSR-21 well in Morocco has received necessary government approvals and gas production has commenced.

Back in January, the London-based energy company with exploration, development and production assets in Egypt and Morocco, announced that the well had been tied into existing infrastructure and was due to begin producing as soon as the expected government approvals were received.

This came after the well was successfully drilled and tested in the final quarter of 2023.

Shares in SDX Energy were up 1.4% at 3.65 pence each in London on Monday afternoon.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	S&P GSCI NATURAL GAS INDEX	123 PTS	-0.19%	+14.13%	-
	SDX ENERGY PLC	3.85 GBX	0.00%	+5.48%	9.98M

Latest news about SDX Energy plc

Transcript : SDX Energy plc - Special Call	09/05
SDX Energy completes drilling operations in Rharb Basin	03/05	AN
SDX Energy Completes Drilling Gas Well in Morocco’s Rharb Basin	03/05	MT
SDX Energy plc Completes Drilling Operations on the BMK-2 Well, Located in the Rharb Basin, Morocco	03/05	CI
SDX Energy says KSR-21 begins producing gas upon government approval	29/04	AN
SDX Energy plc Provides Morocco KSR-21 Well Update	29/04	CI
88 Energy firms bookbuild; Gama Aviation inks deal	24/04	AN
SDX Energy to Sell Egypt Assets for Up to $6.6 Million	19/04	MT
SDX Energy signs deal to dispose of West Gharib interests in Egypt	19/04	AN
SDX Energy commences drilling at well in Rharb basin, Morocco	03/04	AN
SDX Energy Begins Drilling New Gas Well in Morocco	03/04	MT
SDX Energy plc Provides Update on Spud of BMK-2 Well	03/04	CI
Live Co to cut jobs; SDX Energy in strategy shift	28/11	AN
EXECUTIVE CHANGES: Ocean Harvest catches new CFO, Titon hires new CEO	22/11	AN
SDX Energy Names Managing Director as CEO	22/11	MT
SDX Energy plc Appoints Daniel Gould as Chief Executive Officer	22/11	CI
SDX Energy plc Announces Board Changes	22/11	CI
Schroders Capital Global investee to be bought out	31/23/31	AN
UK’s SDX Energy Finalizes Testing of Moroccan Well	31/23/31	MT
SDX Energy plc Announces Completion of Testing Operations on the KSR-21 Well in Morocco	31/23/31	CI
SDX Energy plc Announces That It has Commenced Drilling the Ksiri-21 Well in Sebou Central of the Gharb Basin, Morocco	12/23/12	CI
SDX Energy Gets $2 Million Prepayment for Moroccan Gas Deliveries, Shares Jump 16%	05/23/05	MT
AIM WINNERS & LOSERS: SDX Energy receives gas prepayment from Citic	05/23/05	AN
SDX Energy shares surge on gas prepayment for Morocco well drilling	05/23/05	AN
EARNINGS: Ebiquity swings to profit; SDX Energy swings to loss	29/23/29	AN

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Company Profile

SDX Energy Plc is a United Kingdom-based international energy company. The Company is engaged in the business of upstream oil and gas exploration and production. It has portfolio of production, development, and exploration assets across North Africa. The Company has portfolio contains interests in six concessions in Egypt and Morocco. In Egypt, it has a working interest in two producing assets, such as 36.9/67% operated interest in the South Disouq concession in the Nile Delta and a 50% non-operated interest in the West Gharib concession located onshore in the Eastern Desert adjacent to the Gulf of Suez. In Morocco, the Company has a 75% operated working interest in four exploration permits, all situated in the Gharb Basin. The South Disouq concession comprises three development leases, the South Disouq development lease, Ibn Yunus development lease and Ibn Yunus North development lease, and an exploration extension area to the south of the South Disouq development lease.

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Oil & Gas Exploration and Production

Calendar

22/05/2024 - Q1 2024 Earnings Release (Projected)

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Sector Other Oil & Gas Exploration and Production

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