SDX Energy plc

Equities

SDX

GB00BJ5JNL69

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:22 2024-04-26 am EDT			5-day change	1st Jan Change
3.6 ^GBX	0.00%		0.00%	-4.00%

Apr. 24	88 Energy firms bookbuild; Gama Aviation inks deal	AN
Apr. 19	SDX Energy to Sell Egypt Assets for Up to $6.6 Million	MT

SDX Energy says Morocco well confirms presence of gas

September 28, 2023 at 05:28 am EDT

SDX Energy PLC - London-based energy company, which currently has a portfolio of exploration, development and production assets in Egypt and Morocco - Says KSR-21 well in Morocco reaches a total vertical depth of 1,955 metres. Notes well drilling data confirms the presence of gas-charged sands in the targeted reservoir section. Earlier this month, SDX agreed to a non-binding gas prepayment heads of terms with Dika Morocco Africa for a drawdown of around USD2 million by the end of the month, which intends to use towards drilling costs of KSR-21.

Current stock price: 4.02 pence, up 7.2%

12-month change: down 57%

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.
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+2.72%	-
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.49%	-
SDX ENERGY PLC	3.6 GBX	0.00%	0.00%	9.17M

Latest news about SDX Energy plc

88 Energy firms bookbuild; Gama Aviation inks deal	Apr. 24	AN
SDX Energy to Sell Egypt Assets for Up to $6.6 Million	Apr. 19	MT
SDX Energy signs deal to dispose of West Gharib interests in Egypt	Apr. 19	AN
SDX Energy commences drilling at well in Rharb basin, Morocco	Apr. 03	AN
SDX Energy Begins Drilling New Gas Well in Morocco	Apr. 03	MT
SDX Energy plc Provides Update on Spud of BMK-2 Well	Apr. 03	CI
Live Co to cut jobs; SDX Energy in strategy shift	Nov. 27	AN
EXECUTIVE CHANGES: Ocean Harvest catches new CFO, Titon hires new CEO	Nov. 22	AN
SDX Energy Names Managing Director as CEO	Nov. 22	MT
SDX Energy plc Appoints Daniel Gould as Chief Executive Officer	Nov. 22	CI
SDX Energy plc Announces Board Changes	Nov. 22	CI
Schroders Capital Global investee to be bought out	23-10-31	AN
UK’s SDX Energy Finalizes Testing of Moroccan Well	23-10-31	MT
SDX Energy plc Announces Completion of Testing Operations on the KSR-21 Well in Morocco	23-10-31	CI
SDX Energy plc Announces That It has Commenced Drilling the Ksiri-21 Well in Sebou Central of the Gharb Basin, Morocco	23-10-12	CI
SDX Energy Gets $2 Million Prepayment for Moroccan Gas Deliveries, Shares Jump 16%	23-10-05	MT
AIM WINNERS & LOSERS: SDX Energy receives gas prepayment from Citic	23-10-05	AN
SDX Energy shares surge on gas prepayment for Morocco well drilling	23-10-05	AN
EARNINGS: Ebiquity swings to profit; SDX Energy swings to loss	23-09-29	AN
Earnings Flash (SDX.L) SDX ENERGY Reports H1 Revenue $15.3M	23-09-29	MT
Earnings Flash (SDX.L) SDX ENERGY Reports H1 Loss $-0.01	23-09-29	MT
SDX Energy plc Reports Production Results for the Six Months Ended 30 June 2023	23-09-29	CI
SDX Energy plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
SDX Energy Says Drilling Confirms Existence of Gas-charged Sands at Morocco Well; Stock Rises 7%	23-09-28	MT
SDX Energy says Morocco well confirms presence of gas	23-09-28	AN

Chart SDX Energy plc

Duration

Period

More charts

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.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-21 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Annual profits - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

	1st Jan change	Capi.
SDX ENERGY PLC	-4.00%	9.17M
CHEVRON CORPORATION	+11.22%	306B
CONOCOPHILLIPS	+12.21%	153B
CNOOC LIMITED	+51.38%	124B
CANADIAN NATURAL RESOURCES LIMITED	+22.70%	83.43B
EOG RESOURCES, INC.	+12.20%	78.06B
PIONEER NATURAL RESOURCES COMPANY	+19.56%	62.81B
OCCIDENTAL PETROLEUM CORPORATION	+13.52%	60.08B
HESS CORPORATION	+12.74%	49.91B
DIAMONDBACK ENERGY, INC.	+33.97%	37.05B

Other Oil & Gas Exploration and Production