SDX Energy is making strong operational progress in North Africa but lower realised prices for production have dragged down revenues in the first nine months of the year.
SDX Energy has begun its 12-well campaign in Morocco, targeting 15 billion cubic feet (425 million cubic metres) of gross resources.
SDX Energy has struck oil at the West Gharib block, in Egypt, and begun producing.
SDX Energy said today that it had struck gas with its SD-4X well in the South Disouq Concession, Egypt.
London-headquartered SDX Energy said the flow test results on a well in Egypt had exceeded expectations.
London-headquartered SDX Energy has struck gas at a well in Morocco.
North-Africa focused SDX Energy has started drilling its Ibn Yunus-1X exploration well at South Disouq, Egypt.
SDX today confirmed a gas discovery in its Morocco play.
SDX Energy has confirmed an oil discovery in Egypt.