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SDX Energy's Paul Welch updates on Egypt operations from Cairo

Paul Welch, chief executive of SDX Energy Inc (LON:SDX, CVE:SDX), tells Proactive London's Andrew Scott that 2019 has got off to a positive start for them with the SRM-3 well, at the South Ramadan project in Egypt, unearthing oil pay in multiple reservoir zones.

Welch adds that the South Disouq project remains on track for first production later this year – towards the end of the first half – after which it will ramp up to a plateau rate of 50-60mln cubic feet of gas per day.

Quick facts: SDX Energy Inc

Price: 16.75 GBX

Market: AIM
Market Cap: £34.4 m

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SDX Energy sets timeline for TSX delisting and provides update on South Disouq

SDX Energy (CVE:SDX-LON:SDX) President and CEO Paul Welch joined Proactive Investors Steve Darling on Skype to update the timing of their delisting from the Toronto Stock Exchange and solely list on the AIM market in London. Welch also providing Proactive with an update on their South...

on 8/4/19

2 min read