Egypt
SDX Energy Adds New Oil-Producing Well in Egypt
Published on : 2022-01-06
Shares in SDX Energy Plc jumped Thursday morning after the company said that oil production has begun at its MSD-21 well in Egypt.
The well is targeting the Meseda field, which is part of SDX's West Gharib concession.
The oil-and-gas company said it expect the well to deliver production of 300 barrels a day after clean up, in line with pre-drill estimates