Tenaz Energy Corp. is pleased to announce it has reached an agreement to acquire all of the issued and to be issued share capital of SDX Energy PLC in an all-share transaction . In the Transaction, SDX shareholders will receive 0.075 common shares of Tenaz for each SDX share held, valuing SDX at $34.3mm based on the May 24, 2022 closing price of Tenaz Shares, representing a 28% premium to the May 24, 2022 closing price of [...]
596/2014 . , / ACCESSWIRE / 20 August 2020 / SDX Energy Plc , the MENA-focused oil and gas company, is pleased to announce its unaudited financial and operating results for the six months ended 30 June 2020. All monetary values are expressed in United States dollars net to the Company unless otherwise stated. SDX management will be hosting a conference call today at 3:00pm UK time, details of which can be found in the [...]
596/2014 . , / ACCESSWIRE / 20 August 2020 / SDX Energy Plc , the MENA-focused oil and gas company, is pleased to announce its unaudited financial and operating results for the six months ended 30 June 2020. All monetary values are expressed in United States dollars net to the Company unless otherwise stated. SDX management will be hosting a conference call today at 3:00pm UK time, details of which can be found in the [...]
Egypt and Morocco operational update and new corporate presentation Post-drilling extension of plateau production at South Disouq and de-risked prospectivity in both Egypt and Morocco SDX Energy Plc , the MENA-focused oil and gas company, is pleased to provide an update on its operations in Egypt and Morocco following the recent drilling successes, details of which are included in some detail in a new corporate [...]
SDX Energy Plc , the MENA-focused oil and gas company, announces that it will hold its annual general meeting on 22 May 2020 at 10:00 am . The notice of AGM and form of proxy have today been posted to shareholders, and copies have been uploaded onto the Company's website and on SEDAR . Whilst shareholder participation at the AGM is important to the Board of Directors, the Board fully supports the current UK Government [...]
596/2014 . , SDX Energy Plc , the MENA-focused oil and gas company, is pleased to provide an update on well-testing operations at the SD-12X discovery well in the South Disouq Exploration Permit onshore Nile Delta, Egypt . The drill stem test at the Sobhi well began with a step-rate test of one hour achieving a maximum rate of 25 mmscf/d on a 54/64" choke. This initial flow test was followed by a three hour period flowing [...]
596/2014 . , SDX Energy Plc , the MENA-focused oil and gas company, is pleased to provide an update on drilling operations at the SD-12X well in the South Disouq Exploration Permit onshore Nile Delta, Egypt . The well has been drilled to a measured depth of 7,245 feet, encountering 108 feet net of high-quality gas-bearing sands, with an average porosity of 20%, near the base of the Kafr El Sheikh formation. The top of the [...]
596/2014 . , SDX Energy Plc , the MENA-focused oil and gas company, is pleased to announce its audited financial and operating results for the year ended 31 December 2019. The Company's annual audited financial statements and annual report have been published on the Company website at www.sdxenergy.com and on SEDAR at www.sedar.com. All monetary values are expressed in United States dollars net to the Company unless [...]
21 MARCH 2020 SDX Energy Plc , the MENA-focused oil and gas company, announces that as a result of the announcement made by the Financial Conduct Authority on 21 March 2020 requesting that, as a result of COVID-19 uncertainties, all listed companies should observe a moratorium on the publication of preliminary financial statements for at least two weeks, it has been forced to delay today's planned publication of its [...]
596/2014 . , / ACCESSIWRE / March 18, 2020 / SDX Energy Plc , the MENA-focused oil and gas company, is pleased to provide the following update on its drilling operations in Morocco and Egypt. Morocco The LMS-2 well has been drilled to a measured depth of 1,190 metres, and the Company is pleased to advise that electric logging has shown that a 10.6 metre net gas reservoir with 30.9% porosity has been encountered on [...]
596/2014 . , / ACCESSIWRE / March 10, 2020 / SDX Energy Plc , the MENA-focused oil and gas company, is pleased to announce the result of its Rabul-3 well in the West Gharib Concession in Egypt . The Rabul-3 development well in the West Gharib Concession in Egypt was drilled to a total depth of 5,129 feet and encountered approximately 116 feet of net heavy oil pay across the Yusr and Bakr formations. The Yusr and Bakr [...]
596/2014 . , SDX Energy Plc , the MENA-focused oil and gas company, is pleased to provide an update on drilling operations in Morocco and Egypt. Highlights · Play-opening BMK-1 well in Morocco reached depth of 1,551 meters, encountering commercial quantities of gas in both target horizons. · Confirms Morocco core productive area extends north, de-risking c.20 bcf of P50 prospective resources. · [...]
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