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SDX Energy Inc (AIM:SDX) | RNS | SDX Energy PLC - WEST GHARIB PSA EXTENDED FOR 10 YEARS TO 2031

SDX Energy Inc (AIM:SDX) | RNS | SDX Energy PLC - WEST GHARIB PSA EXTENDED FOR 10 YEARS TO 2031
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Gulf Of Suez , Janub Sina , United States , United Kingdom , Eastern Desert , Al Bar Ala Mar , Gharb Chrarda Beni Hssen , Nile Delta , Egypt General , City Of , Owen Roberts , Callum Stewart , Mark Reid , Rob Cook , Billy Clegg , David Mckeown , Ashton Clanfield , Richard Crichton , Violet Wilson , Jason Grossman , National Instrument , Dublin Petroleum , American Institute Of Professional Geologists , Petroleum Corporation , Geological Society Of London Geol Soc , Production Services Agreements ,

Egypt: SDX Energy extends West Gharib PSA for ten years to 2031

Egypt: SDX Energy extends West Gharib PSA for ten years to 2031
05 Mar 2021
AIM-listed
SDX Energy, the MENA-focused oil and gas company, has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing
Meseda and Rabul oil fields in its West Gharib concession in Egypt until 9 November 2031.
Mark Reid, CEO of SDX, commented:
We are very pleased to have secured this ten-year extension to the Production Services Agreement which we estimate increases SDX s share of reserves in our core West Gharib oil asset, certified at 2.2 million barrels in our 31 December 2019 CPR, by 60%. With a breakeven price of approximately US$20 Brent and to take advantage of the current strong oil price, we plan to commence in Q2 of this year, a drilling programme of up to twelve wells over the next three years with the goal of growing gross production back to around 3,000bbl/d. This drilling programme is in li ....

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SDX Energy secures 10-year extension to West Gharib production services agreement to 2031 | 5 March 2021

SDX Energy secures 10-year extension to West Gharib production services agreement to 2031 ....

Mark Reid , Production Services Agreement , Energy Inc , West Gharib , Sdx Energy Inc , Lon Sdx , Sdx L , குறி ரீட் , ஆற்றல் இன்க் , மேற்கு கரிப் ,

SDX Energy Plc seals long term extension for Meseda and Rabul oil fields

SDX Energy Plc seals long term extension for Meseda and Rabul oil fields
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Mark Reid , Sdx Energy Plc , Production Services Agreement , Production Services Agreements For The Meseda , Production Services Agreements , West Gharib , குறி ரீட் , மேற்கு கரிப் ,

- SDX Energy : In Egypt West Gharib...

- SDX Energy : In Egypt West Gharib...
euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.

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