Petroleum Africa
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Friday, July 7, 2017
SDX Energy is making progress in preparing for its drilling campaigns in Morocco. The company plans to drill on both the Sebou Lalla Mimouna permits, with activities on track to begin drilling in September.
The campaign will include the drilling of seven wells, two of which will be exploration wells and the remaining five will be development wells. To that end, SDX has concluded its tendering exercise and selected XCD to provide a rig for this program. XCD has previously drilled in Morocco and is very familiar with the area. The mobilization of the rig is expected to begin within the next six weeks.
In addition, SDX has now secured all the long lead items necessary for the drilling campaign locally at very competitive prices, from an operator that was exiting the country. Finally, construction has now commenced on the seven identified locations, as well as several back-up locations, ensuring that upon arrival of the drilling rig there should be no delay in start-up.
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