Gasoil News - Published on Thu, 08 Feb 2018

SDX Energy Inc. announced that the ONZ-7 well on the Sebou permit in Morocco has been completed and tested. Using a 48/64" choke, the ONZ-7 well achieved an average flow rate of conventional natural gas of 10 MMscf/d (million standard cubic feet per day). The well will now be shut in for several days for a pressure build-up after which it will be connected to the local infrastructure.

Mr Paul Welch, President and CEO of SDX, said that "Today's positive update on ONZ-7 reaffirms our view that the Sebou permit has the potential to be highly cash generative for SDX. Furthermore, the maximum flow rate during this test of 15.34MMscf/d is the highest achieved to date in the basin. This provides us with further confidence in being able to deliver our gross production target of 8-10MMscf/d of conventional natural gas in Morocco by the end of 2018."

Meanwhile, SDX is an international oil and gas exploration, production and development company, headquartered in London, England, UK, with a principal focus on North Africa.

Posted By : Nanda Koijam on Thu, 08 Feb 2018