(Alliance News) - Stock prices in London pushed higher early Wednesday, with European markets showing few signs of trepidation ahead of the release of the US Federal Reserve's latest meeting minutes. Read More
SDX Energy PLC - London-based oil and gas company focused on Egypt and Morocco - Announces spudding of the MSD-24 infill development well on the Meseda field in the West Gharib concession in Egypt. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
SDX Energy PLC - oil and gas company focused on Egypt and Morocco - Says 67% owned SD-12 East well in Sobhi field at Ibn Yunus North discovers gas. The asset is located in Egypt. The primary basal Kafr El Sheikh target is met at 6,567 feet measured depth, discovering 70.2 feet of net pay gas sand with average porosity of 24%. Secondary target is encountered at 4,838 feet measured depth, discovering 9.1 feet of net pay gas sand with 31% porosity. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
SDX Energy PLC - oil and gas company focused on Egypt and Morocco - Spuds the MSD-20 infill development well on the Meseda field in Egypt. This is the third fully funded 13-well development campaign at the Meseda and Rabul oil fields. The campaign aims to grow production to between 3,500 to 4,000 barrels per day by early 2023. Read More
SDX Energy PLC - oil and gas company focused on Egypt and Morocco - Provides an update on its 37% owned SD-5X discovery well at the South Disouq development lease in Egypt. Says well was perforated and tested on March 30. Well flowed at a rate of 10 million standard cubic feet per day on a 26/64 inch choke. SDX expects the well to produce at an optimum stabilised rate between 8 to 9 million standard cubic feet per day. Well will be tied in to the SD-4X flow-line at an estimated cost of USD500,000. Expects well to be on production in June. Next, the company is moving onto the second well in the campaign, SD-12 East, which is expected to spud in mid-April. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
SDX Energy PLC - London-based oil and gas company with projects in Egypt and Morocco - Revenue in 2021 rises to USD53.9 million from USD46.1 million. Swings to pretax loss of USD17.1 million from USD1.4 million profit. Exploration and evaluation expense increases to USD14.1 million from USD5.8 million. Depletion, depreciation and amortisation charges up to USD32.6 million from USD25.2 million. In addition, company posts USD9.5 million impairment expense, against none in year prior. Read More
SDX Energy PLC - London-based oil and gas company with projects in Egypt and Morocco - Spud the SD-5X well, which will target the Warda prospect in the South Disouq development lease in Morocco.Well is targeting an estimated gross unrisked P50 EUR of 11 billion cubic feet and has a 40% chance of success. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More
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