SDX Confirms New Gas Discovery in North-Western Morocco

North Africa focused oil and gas company SDX Energy Inc announced that a gas discovery has been made at its SAH-2 well on the Sebou onshore permit in North-Western Morocco near the Atlantic city of Kenitra.

The SAH-2 well was drilled to a total depth of 1,304 meters and encountered 5.2 meters of net conventional natural gas, the company said in a statement.

The company will complete the well and conduct further tests to connect it to existing infrastructure, it said.

Speaking on this occasion, Paul Welch, President and CEO of SDX said “We are very pleased to be able to announce another discovery, the fifth from seven wells drilled to date in our nine-well Moroccan campaign.”

“This was also the first well in the Gharb basin that was successfully drilled using downhole directional tools, which allowed us to penetrate the crest of two individual targets with a single well-bore,” he added, noting that the company “will use these tools when drilling our next well, LNB-1, an exploration well in our Lalla Mimouna concession, for a similar reason. By successfully targeting the crests of specific horizons, we now have the ability to improve the recovery efficiency from individual wells.”

SDX Energy Inc (LON:SDX,CVE:SDX) shares rose on Friday after the group confirmed the new gas discovery in SAH-2,