SDX Energy Completes South Disouq Well

SDX Energy Completes South Disouq Well

SDX Energy said well location construction has been completed at the South Disouq well in Egypt.

The company is mobilizing the Sino-Tharwa six drilling rig to the location, with drilling expected to start at the SD-1X location in the next few weeks, Pipeline reported.

Paul Welch, CEO of SDX, said:”We are pleased with the progress we have made around the preparations for the upcoming drilling campaign on South Disouq. We look forward to keeping the market appraised of drilling developments over the coming weeks,” Proactiveinvestors informed.

SDX Energy, which operates with a 55 % interest in the concession, agreed with partners on a location for drilling and exploration well following interpretation of 3D seismic data at South Disouq last November.

The company also has a working interest in two producing assets – 50% North West Gemsa and 50% Meseda, located onshore in the Eastern Desert adjacent to the Gulf of Suez.

Mahinaz El-Baz 317 Posts

Mahinaz El Baz received her MSc degree in Foreign Trade Economics from Helwan University in 2016. She has two years of experience in journalism and four years of experiance in economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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