LONDON — SDX Energy Inc., the North Africa focused oil and gas company, has announced the spud of its KSR-14 development well on the Sebou permit in Morocco.
This is the first of a nine-well drilling program on the Companyâs Sebou, Gharb Centre and Lalla Mimouna permits in Morocco. The campaign follows extensive technical work from which the optimal drilling locations were identified. The Company is targeting an increase in its local gas sales volumes in Morocco by up to 50% and an increase in it s reserves by more than 100% through this drilling campaign.
SDX expects to announce the drilling results at KSR-14 in mid-October. On success, the well will be completed, flow tested and connected to the existing infrastructure. These activities are anticipated to be carried out within 30 days of the drilling rig departing the location.
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