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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 straightupon Jul 08, 2010 5:45pm
355 Views
Post# 17255103

RE: RE: RE: Under .24 cents now !

RE: RE: RE: Under .24 cents now !Your numbers are wrong. They need 257 / well to meet that target.. Please quit with the caps and try to be a little less intense

                    3000 - current 1200 = 1800.       1800 divided by 14 wells = 128 per well *2 since they get 50%
                                                                             = 257 bopd to meet  target. 
                                                                            4 existing wells to be fraced and ten more this year
                            
 The upside is Al Amir SE #6 has hit and will add to production shortly. The rig will next move to the Al Ola # 1 exploratory well. (remember from the cc Nubia formation typically produces 10 000/bopd)  One exploratory well will also be drilled in KO later this year after the 2D seismic is looked at. I like this part from the last news release.  The seismic will be used to further dilineate previously identified leads and prospects. (they should have a good idea what is there, they owned it once before.)  Said Arrata also states I am also looking forward to exploring the vast potential of the undrilled acreage of Kom Omba.         

Lets not forget that they will be doing horizantals later too. Production per well should will increase by 3-4 times.                                             
Bullboard Posts