Post by
John104 on Aug 04, 2017 9:45pm
To exit south ramadan
https://energyegypt.net/2017/07/30/sdx-to-exit-south-ramadan-switch-focus-to-south-disouq-in-egypt/
link goes to to article discussing dropping sout ramadam
nice mention of what plans they would like to accomplish at sd
Comment by
tigris72poo on Aug 05, 2017 10:32am
Thanks for posting John. Good to see SDX focusing on their best assets. Exiting South Ramadan shows capital discipline which is especially hard to do when you are flush with cash. This is importan as we look forward to next year when we might have 45-50 MMCF/D from 3 wells at South Disouq and more upside from Morocco. I would also suggest that the Board should approve a stock buyback program.