UK-based exploration and production company, SDX Energy Inc., has announced that work has begun on the seismic acquisition of 300 square km of 3D data on the South Disouq concession (SDX 55% WI), located onshore Nile Delta Egypt, Oil Voice reported.
The seismic acquisition program, whose contract was signed in November 2015, is expected to take approximately three months after which a 3-4-month period of processing and interpretation will be undertaken. The data obtained through this program will be used to determine the prospectivity on the block followed by the selection of a location for a high impact exploration well forecast to be drilled in Q4 2016, CNW wrote.
“We are pleased to report that this program is underway and look forward to receiving the high quality data-set that it will generate. This data will be used by our technical team to quantify the block potential and then to identify a location for our high impact exploration well, which we are anticipating will be drilled towards the end of this year,” Paul Welch, CEO of SDX Energy Inc., said.
SDX has a principal focus on Egypt. It has an interest in two production concessions: NW Gemsa and West Gharib both located in the Eastern desert. SDX’s portfolio also consists of South Ramadan, a development asset in the Gulf of Suez, and South Disouq, an exploration asset in the Nile Delta.