SDX deal on the rocks amid shareholder opposition
SDX Energy faces opposition in its plans to sell itself to Canada’s Tenaz Energy, with Aleph Commodities voicing its disapproval.
SDX Energy
SDX agrees sale to Canada’s Tenaz
SDX Energy has struck a deal to sell itself to Canadian-listed Tenaz Energy for £21.4 million in an all-share offer.
SDX presses on with aggressive Egyptian drilling plans
SDX Energy has begun producing at the MSD-25 well in Egypt, shortly after drilling the well.
SDX begins second drilling phase in Morocco
SDX Energy has begun drilling in Morocco, launching the second phase of its 2021 campaign.
SDX launches West Gharib drilling campaign
SDX Energy has begun its 12-well development campaign on the West Gharib concession, in Egypt’s Eastern Desert.
SDX pauses Morocco drilling programme
SDX Energy has completed its first three wells in Morocco and will now pause until September or October.
SDX launches Morocco drilling plan
SDX Energy has begun drilling in Morocco, targeting five wells this year in pursuit of meeting local gas demand.
ESG as differentiator for SDX, rather than greenwash
SDX Energy is working on the implementation of an ESG strategy, which can do good while also acting as a differentiator from its peers.
SDX starts up Sobhi flow
SDX Energy has begun producing at its Sobhi well in Egypt’s South Disouq licence, six weeks ahead of schedule.
SDX production booms in first quarter
SDX Energy reported a strong first quarter based largely on its fixed price gas business.
SDX celebrates Sobhi find
SDX Energy has made a commercial discovery at the SD-12X well, in Egypt.
SDX’s serendipitous capex timing
SDX Energy’s capital expenditure will fall to $24.7 million this year, while production is expected to be 66-72% higher than 2019.
Predator takes its time drilling Morocco
Predator Oil & Gas is biding its time in Morocco for its drilling programme as the country faces a mounting coronavirus outbreak.
SDX strikes oil in Egypt
SDX Energy has made a heavy oil discovery at its Rabul-3 well in Egypt, with plans to bring this into production later this month.
Success in Morocco, failure in Egypt for SDX
SDX Energy has extended its gas discoveries in Morocco, through the play-opening BMK-1 well, although a well in Egypt has disappointed.
SDX drills ahead in Egypt, Morocco
SDX Energy is set for a year of growth, although there are some concerns about impairments that might see it relinquish one of its longest-term producing assets.
SDX boosts South Disouq reserves
SDX Energy has increased its resources at South Disouq, in Egypt, by 35%, according to a report by Gaffney, Cline & Associates (GCA).
SDX takes another step towards UK relocation
SDX Energy has taken another step in its bid to relocate its main offices from Canada to the UK.
BP, SDX Energy asset deal ‘terminated’
A proposed deal between oil giant BP and SDX Energy for a "significant package of assets" has been terminated.
SDX Energy ‘in discussions’ with BP for significant Egyptian assets
SDX Energy has confirmed it is "in discussions" to purchase a "significant package of assets" in Egypt from oil giant BP.
SDX makes another gas find in Egypt
SDX Energy has made a gas discovery at its South Disouq Concession in Egypt.
SDX spuds well in Morocco
London-headquartered SDX energy has spud an exploration well in Morocco.
SDX Energy strikes oil at Egyptian well
North Africa focused oil and gas firm SDX Energy has announced an oil discovery at its Rabul 4 Well in the West Gharib Concession in Egypt.
SDX makes gas discovery in Morocco
London-headquartered SDX Energy has announced the discovery of a natural gas well in Morocco.
SDX Energy announce African gas discovery
North African focused SDX Energy has today announced a gas discovery at its Ibn Yunus-1X exploration well at South Disouq, Egypt.