SDX Energy Launches New Drilling

(MENAFN- Morocco World News) Rabat – SDX Energy announced the process of drilling the SAH-2 well, will begin after a delay of 15 to 20 days, in a press release on February 27. If the drilling proves successful, it will be completed, flow tested, and then delivered to nearby infrastructure.

The SAH-2 well, located on the 'downthrown' side of the fault, possesses the same drilling structure as those that have produced effective wells for the company.

The SAH-2 is the seventh of nine onshore well-drilling programmes in Morocco; four wells have already demonstrated positive results, while the latest drilling (KSS-2 well) revealed low gas saturation incompatible with commercial usage. The company explained that the well is too isolated from the reservoir source rock, due to its location on the 'upthrown' side of a fault.

In a previous release, the corporation projects that the SAH-2 carries a high potential for commercial use.

SDX is an international oil and gas exploration, production, and development company, headquartered in London, England, UK, with a principal focus on North Africa.

In Morocco, SDX has a 75 percent working interest in the Sebou concession situated in the Gharb Basin. In Egypt, SDX has a 50 percent working interest in two producing assets located onshore in the Eastern Desert, adjacent to the Gulf of Suez.

These producing assets are characterized by exceptionally low operating costs, making them particularly resilient in a low-oil price environment. SDX's portfolio also includes high impact exploration opportunities in both Egypt and Morocco.

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