29th Apr 2024 14:08
(Alliance News) - SDX Energy PLC on Monday said that that the KSR-21 well in Morocco has received necessary government approvals and gas production has commenced.
Back in January, the London-based energy company with exploration, development and production assets in Egypt and Morocco, announced that the well had been tied into existing infrastructure and was due to begin producing as soon as the expected government approvals were received.
This came after the well was successfully drilled and tested in the final quarter of 2023.
Shares in SDX Energy were up 1.4% at 3.65 pence each in London on Monday afternoon.
By Sabrina Penty, Alliance News reporter
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