SDX Energy Reports New Gas Discovery in Egypt

Published on : 2022-06-08

SDX Energy PLC said Wednesday that the MA-1X well made a gas discovery at the Mohsen prospect in South Disouq, onshore Egypt.

The oil-and-gas company, which has a 67% interest in the project, said the well encountered the Kafr El Sheikh target, discovering 56.3 feet of net pay gas sand.

The well will now be completed and tested, it said.

Chief Executive Mark Reid said Mohsen was the third success and the largest target of the three wells drilled in 2022.

Related Articles

PM follows up efforts to secure local oil needs

Prime Minister Moustafa Madbouly said Monday that Egypt is following up developments of the current global crises with the aim to reduce their severe repercussions for the Egyptian economy.

Read More

Saudi solutions by stc completes acquisition of Giza Systems with a value of 158 million dollars

Saudi Arabia-based solutions by stc, which is a leading enabler of digital transformation in the Kingdom, has completed the acquisition of 88.19% stakes of Giza Systems with an enterprise value worth 158 million dollars.

Read More

Egypt considers benefiting from Tunisian experience in solar energy production: SEDA

This is an attempt to implement solar energy systems as a source of electricity to rely on clean energy to meet part of the country electricity needs

Read More
Wintershall Deaneptune LogoSIEnppipetrojetTransGlobe SCHNEIDER-ELECTRIChempleEgypt gasNorthAlmansooriSKY CTS exxonmobilSchlumberger