Continental Focus, International Reach

Sebou Gives SDX Gas

Thursday, October 12, 2017

SDX has knocked out another discovery in North Africa, this time in Morocco. The company made a gas discovery while drilling its KSR-14 development well on the Sebou permit where it holds a 75% working interest.

The KSR-14 well was drilled to a total depth of 1,830 meters and encountered 20 meters of net conventional natural gas pay in the Guebbas and Hoot formations over four intervals. The initial results have exceeded pre-drill estimates, and work is currently underway to further evaluate the well’s recoverable volume estimate.

Once the drilling rig has left the location, SDX expects that the well will be connected to the existing infrastructure as a producer. The well is anticipated to be on production in approximately 30 days.

The KSR-14 gas discovery follows an oil discovery made in Egypt while drilling the Rabul-2 well on the West Gharib Concession. The Rabul-2 well encountered approximately 101.5 ft of net heavy oil pay across the Yusr and Bakr sand formations. According to SDX, an evaluation is ongoing, after which it expects the well will be completed as a producer in the Bakr and connected to the central processing facilities at Meseda.