SDX Starts Initial Drilling at South Disouq

SDX Starts Initial Drilling at South Disouq

SDX Energy Corporation started the initial drilling operations its Ibn Yunus-1X exploration well located at South Disouq field, Al Mal News reported.

The company plans to follow the Ibn Yunus-1X, the first of four planned new wells at South Disouq, with an exploratory well and two appraisal wells. The Ibn Yunus-1X well is predicted to take 30 days to be completely drilled.

“I am very excited to be back drilling in the South Disouq concession. The success of the SD-1X well proved the existence of source rock in this area which was our biggest uncertainty pre-drill,” said Paul Welch, SDX chief executive.

“Success at Ibn Yunus will de-risk a large portion of that volume which would be very significant for our shareholders. I look forwarding to reporting on our results in due course,” Welch pointed out.

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Sarah Samir 3706 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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