Allister Thomas
London-listed SDX Energy has had a successful production test from an appraisal well in South Disouq, Egypt.
The SD-4X well flowed for two successive 12-hour periods at 5.4 and 8.6million standard cubic feet of gas (MMscfd) respectively.
It later had an extended 24-hour flow at 10.5MMscfd.
SDX has a 55% working interest and said the well gives it “additional confidence” to deliver a peak production rate of 50MMscfd in South Disouq.
President and CEO Paul Welch said: “We are very pleased to report another successful production test result, at our SD-4X appraisal well in South Disouq.
“We intend to connect this well to infrastructure located adjacent to our SD-1X discovery over the coming months.
“We are targeting a late Q4 2018 start-up of production in South Disouq and this well test result provides us with additional confidence to deliver on our planned plateau rate of 50 MMscfd of conventional natural gas.”
