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SDX ENERGY INC SDRYF

"SDX Energy Inc is a Canadian company which is engaged in the exploration, development, and production of oil and gas. The company owns an interest in several producing concessions such as NW Gemsa Concession, Block-H Meseda production, South Ramadan Concession, South Disouq Concession, Sebou Concession. Its exploration concession includes Lalla Mimouna Concession and Gharb Centre Concession."


GREY:SDRYF - Post by User

Bullboard Posts
Post by gonecodeon Jan 20, 2010 8:58am
511 Views
Post# 16698728

Interesting ...3,850 Bopd more.

Interesting ...3,850 Bopd more.Things didn't make sense once you put the pieces together.....
How long they were drilling , the depth, the lack of news.
Now I see why things went the way they did...............

Makes sense now
..

.The deeper Nubia sands proved to be water bearing, and the Kareem Sandstones although porous were encountered with high water saturation. The well was successfully sidetracked (Geyad-2X ST1) updip and encountered the two Kareem Sands in the oil zone

OK MOVE THE DRILL !!!!!!  Side track and they hit it.............Smart the way they did but took much longer.

That's why they stock was weak and why IR was not saying anything at all .........



This bottom zone(Nubia sands) could prove VERY IMPORTANT but was water bearing this time....
They will find it and when they do ......It should be a good one....

Well that was close ...
Defining the zone can always lead to these problems but it turned out pretty good after all..

The original Geyad-2X well was drilled to evaluate both the Kareem and the deeper Nubia sands. The deeper Nubia sands proved to be water bearing, and the Kareem Sandstones although porous were encountered with high water saturation. The well was successfully sidetracked (Geyad-2X ST1) updip and encountered the two Kareem Sands in the oil zone.
 The Ge
yad-2X ST1 well flowed on test 42 degrees API oil at an average rate of 3,850 bopd
Bullboard Posts