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SDX Energy spuds SRM-3 appraisal well in Egypt

By BFN News | 07:38 AM | Thursday 14 June, 2018


SDX Energy spudded its SRM-3 appraisal well at South Ramadan, Egypt, in which SDX has a 12.75% working interest. The SRM-3 well is the last remaining commitment well on the South Ramadan concession. The well is anticipated to take up to 90 days to drill and complete. Based on the results of this well, the company will decide how best to optimise its position in the licence. Story provided by StockMarketWire.com

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