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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

Post by LWillingdon2001on Jan 19, 2019 10:46am
164 Views
Post# 29255283

from proactive weekly uk

from proactive weekly uk

SDX Energy Inc (LON:SDX) on Monday revealed a positive start to 2019 with the SRM-3 well, at the South Ramadan project in Egypt, unearthing oil pay in multiple reservoir zones.

SRM-3 was drilled down to a depth of 15,635 feet. It encountered 75 feet of net conventional oil pay in its primary target, the Matulla reservoir, also 20 feet in the Brown Limestone formation and 15 feet in the Sudr section.

The well will now be completed in the Matulla section before a test programme which will determine whether it flows at a commercial rate.

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