SDX Energy reports significant oil discovery in Egypt’s West Gharib Concession

6/26/2019

LONDON — SDX Energy plc, the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul-7 development well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator).

The well was drilled to a TD of 5,323 ft and encountered approximately 134 ft of net heavy oil pay across the Yusr and Bakr formations, with an average porosity of 18%. The well was completed as a producer, connected to the central processing facilities at Meseda and brought on-line at an average stabilised rate over five days of approximately 415 bpd (gross).