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Tuesday, January 29, 2019
SDX Energy saw its development lease application for the South Disouq concession in Egypt approved by authorities. Construction of a pipeline and central facility have already started. First production from the license remains on track to start towards the end of H1 2019, with SDX expecting to achieve a gross plateau production rate of conventional natural gas of between 50-60 MMscf/d.
The 170 sq km 3D seismic acquisition program at South Disouq is 50% complete and is expected to conclude in early February. The seismic data will then be processed and interpreted by the end of Q3 2019, with drilling on the license set to resume shortly thereafter.
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