SDX Energy reports gas discovery on Sebou permit, in Morocco


LONDON -- SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-16 development well on the Sebou permit in Morocco (SDX, 75% Working Interest).

The KSR-16 well was drilled to a TD of 1,896 m and encountered 14.2 m of net conventional natural gas pay in the Hoot formation. The Company expects that the well will be connected to the existing infrastructure and placed on production within the next 30 days.

The drilling rig will now move to the ELQ-1 prospect on the Gharb Centre permit, and drill the first commitment well on this recently acquired licence. The recently completed KSR-15 well has been connected to the existing infrastructure and it is anticipated that test production will commence early next week.

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