SDX is a MENA focused oil & gas E&P company listed on AIM. SDX aims to deliver value for shareholders by growing its low cost, high margin production portfolio.
Our CEO Daniel Gould spoke to @MoroccoWNews on how SDX is fuelling economic growth in Kenitra, our expansion plans to supply additional gas from abroad, and what it all means for #Morocco as a whole.
https://t.co/DtUaR1R8rK
Delighted to engage with new and existing investors in our update and Q&A this afternoon.
Our Operations Director Aaron LeBlanc provided an update on our upstream projects targetting 50 Bcf in #Morocco, and the company's roadmap for further expansion.
https://t.co/NJchpUlLXn
The SDX team will provide a live presentation detailing a corporate update via Investor Meet Company on 9 May 2024 at 12:00 BST, open to all existing and potential shareholders. Questions can be submitted pre-event via the platform's dashboard.
Register: https://t.co/OJRA9JdCyA
The SDX team will provide a live presentation detailing a corporate update via Investor Meet Company on 9 May 2024 at 12:00 BST, open to all existing and potential shareholders. Questions can be submitted pre-event via the platform's dashboard.
Register: https://t.co/OJRA9JdCyA
SDX confirms that the KSR-21 well has received the necessary government approvals and production of gas has commenced.
🔗 Link to Regulatory Announcement: https://t.co/FfPiWPsrz2
#Morocco#Energy#Gas#Investing
SDX has:
✅ Received first instalment of $3.5m from West Gharib sale
✅ Repaid $2.7m reserves-based secured lending facility in full
✅ Agreed amendment to Convertible Loan Agreement to draw down $750k
🔗 Full announcement: https://t.co/dVstN6scuw
#Morocco#Energy#Investing
Our CEO Daniel Gould discussed the significance of the West Gharib sale, and SDX's next steps in executing on our new strategy.
🔗 Link: https://t.co/6cYHMQF5ax
#Morocco#Energy#Gas#Investing
We have sold our West Gharib interests in Egypt for $6.6m USD, with $3.5m payable immediately. SDX continues to progress the sale of our South Disouq assets.
This sale is a milestone for our new growth strategy in #Morocco's #energy transition.
🔗RNS: https://t.co/HPF0wVEVrk
As Ramadan and Eid Al-Fitr have now come to a close, SDX would like to take this opportunity to share our best wishes with our friends and stakeholders in Morocco. We hope you enjoyed a blessed and generous Ramadan, and celebrated a joyous Eid Al-Fitr.
#Morocco#Eid#Ramadan
SDX has spudded the BMK-2 well in #Morocco, 1.5km from the BMK-1 discovery well. BMK-2 follows the success of KSR-21 in September 2023, and is part of an ongoing drilling campaign in Morocco. If successful, it will supply much-needed #gas to the Kenitra industrial area.
Ramadan Mubarak! Wishing peace, prosperity and happiness to all during this holy month, and to the Moroccan people who have welcomed us to their wonderful country.
#RamadanMubarak#RamadanKareem#Ramadan#Morocco
Alongside renewable #energy, #gas is still a vital element in #Morocco’s energy transition.
SDX, as the country’s only producer of natural gas, remains committed to increasing long term gas supplies in Morocco and is exploring the opportunity to ramp up production.
SDX has released a new corporate update.
Highlights include:
🔋Rollover of $2.1m gas prepayment from CITIC
🔋Latest KSR-21 well tied-in
🔋Egyptian West Gharib asset sale documentation agreed, closing expected later in January
Read the full announcement: https://t.co/EFyZY6E6BM
SDX has a new strategy. We are evolving away from a pure oil & gas business into an integrated, hybrid energy-provider and infrastructure operator in Morocco and beyond.
Link to full presentation: https://t.co/4fsAa6kMMg
#Morocco#Investing#Energy
Following the appointment of Daniel Gould as Managing Director in May, the Board of SDX is pleased to appoint Daniel as CEO. Daniel will also be joining the Board as an Executive Director. Both appointments will take place with immediate effect.
#Morocco#Investing#Energy
SDX is pleased to announce the completion of testing operations on the KSR-21 well in Morocco. The well test resulted in a flow rate of approximately 4 MMcf/d (on 1/4 inch choke) during the test period.
#Energy#Morocco#Investing
Our MD Daniel Gould is interviewed on the $1.9 million gas prepayment from CITIC - and what it means for us as a company. 🗲
#Morocco#Energy#Investing
https://t.co/o8ixk9QsLR
$1.9 million has been received as prepayment for #gas from a #Moroccan subsidiary of CITIC Dicastal, part of the $1 trillion CITIC Group.
Full announcement: https://t.co/sNpXeKTl65