Sign up
Oil Capital

New gas discovery 'another very good result' for SDX Energy, says analyst Sam Wahab

Cantor Fitzgerald's Sam Wahab talks through the significance of SDX Energy Inc (CVE:SDX, LON:SDX) confirming a new gas discovery at the South Disouq project.

The company told investors that the SD-1X well has encountered conventional natural gas bearing horizons in the Abu-Madi targets.

It hit some 65 feet of net pay with average porosity of 25% in line with pre-drill estimates.

 

View full SDX profile

SDX Energy Inc Timeline

View All

© oil Capital 2017

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.