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

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