SDX Announces Rabul-3 Well Results

SDX Announces Rabul-3 Well Results

SDX Energy Plc announced that Rabul-3 well in West Gharib concession has encountered approximately 116 feet of net heavy oil pay across the Yusr and Bakr formations, according to a press release.

The development well was drilled at a depth of 5,129 feet and will be completed to begin production by the end of March. The well is connected to the central processing facilities at Meseda and is expected to be brought on-line at an average stabilized rate of approximately 300 barrels of oil per day (bbl/d), which is at the upper end of pre-drill expectations.

“This well provides further support to our Fiscal Year (FY) 2020 gross production guidance of 3,200 – 3,300 (bbl/d) for Meseda,” commented Mark Reid, CEO of SDX.

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