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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
Comment by shotskion Mar 10, 2010 11:24pm
384 Views
Post# 16869017

RE: Circle Oil Read \ houndtrader

RE: Circle Oil Read \ houndtrader

"This well is being drilled to delineate the downdip Oil Water Contact which is required for technical reasons."

I am not a oil man and I thought I had the answer but after looking at this , I must say I have no idea.

https://www.glossary.oilfield.slb.com/DisplayImage.cfm?ID=69

All I can say is that they obviously go more than they were expecting as they were looking for water oil contact.

https://www.glossary.oilfield.slb.com/DisplayImage.cfm?ID=144

I'm not sure if there is no water or if the pool is bigger than they expected. Either way I would think that they will have to drill again in a different location to try to assess the size of the pool .

My disclaimer , Like I said I am no oil man I am just thinking out loud and hoping that someone that really knows what is going on will help us out.

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