Continental Focus, International Reach

SDX Achieves First of Three Project Milestones

Tuesday, July 9, 2019

SDX Energy updated its activities in Egypt with the news that its development of the South Disouq concession (SDX 55% working interest and operator) continues on schedule and on budget. The company saw factory acceptance tests for the central processing facility (CPF) and compressor conducted. This was the first of three project milestones to be completed.

SDX expects the equipment for the South Disouq to arrive in mid-August as they are currently being shipped to Egypt. First gas is set for Q4 of this year.

The company is now working on interpreting the South Disouq 3D data and according to Mark Reid, CFO and interim CEO of the company, once this is complete potential drilling targets will be assessed.