Home / Oil & Gas / SDX Energy to start new operations in Q4

SDX Energy to start new operations in Q4

SDX Energy intends to launch a new drilling campaign of 12 wells in Morocco in which the British company has 75% interest.

These operations aim to exploit 15 billion cubic feet of raw resources. The rig and all other key contracts have been finalized, the company said in an update on its operations in Morocco and Egypt.

The campaign is expected to begin in the fourth quarter of 2019 and aims to build sufficient reserves to meet the projected demand of existing customers, as well as test new areas of exploration throughout the portfolio held in Morocco.

Check Also

Large drop in fuel prices

The price of fuel at the pump will drop significantly from Monday, March 16, due …

Leave a Reply