SDX Energy announces well test results at South Disouq discovery

5/29/2017

LONDON -- SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce the results of the well test conducted on the SD-1X well following the recent natural gas discovery at South Disouq, Egypt, where the Company has a 55% Operated working interest.

The SD-1X well was drilled to a TD of 7,777 ft, and encountered 82 ft of net pay with an average porosity of 25% in the Abu-Madi section.

Well test operations have now commenced and the well has successfully flowed dry natural gas at a stabilised rate of 25.8 MMscfd on a 48/64-in. choke. This flow rate exceeded initial expectations and was limited by the surface facilities put in place to test the well. The well has now been shut in for an initial build-up after which a series of additional flowing periods will be conducted and fluid samples taken. The results from the well testing program will be integrated into the on-going reserve evaluation work. The results of that exercise will then be incorporated into an early development plan proposal for discussion with our partners and the authority. This information will be included in a future release to the market over the summer.

Working with its partners, SDX will now aim to bring the discovery into commercial production as soon as possible.

Related News ///

FROM THE ARCHIVE ///

Comments ///

comments powered by Disqus