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oilmonster

SDX Energy Plc
38 Welbeck Street, London, Greater London, United Kingdom

Memberships : NA
Industry : Oil & Gas
Basic Member
Since Jan, 2021
About Company

SDX is a MENA-focused, exploration and production company, listed on the AIM market of the London Stock Exchange. SDX has a balanced portfolio of production, development and exploration assets across Egypt and Morocco. SDX aims to deliver value for shareholders by growing its low cost, high margin production profile.

SDX uses a low-cost base, balance-sheet conscious strategy and, as a result, has built a financially strong and stable business since listing on AIM. SDX has high-margin producing assets in Egypt and Morocco with long-term, fixed-price gas contracts, leaving SDX largely insulated from fluctuations in the Brent oil price and with significant growth potential.

In January 2017, SDX successfully acquired a portfolio of oil and gas production and exploration assets in Egypt and Morocco, which were formerly held by Circle Oil plc, for a cash sum of $30 million. In Egypt, SDX has a working interest in two producing assets: a 55% operated interest in the South Disouq concession in the Nile Delta and a 50% non-operated interest in the Meseda concession located onshore in the Eastern Desert adjacent to the Gulf of Suez. In Morocco, SDX has a 75% operated working interest in five exploration permits, all situated in the Gharb Basin. SDX’s portfolio also includes high impact exploration opportunities in both Egypt and Morocco.

Company NameSDX Energy Plc
Business CategoryOil & Gas
Address38 Welbeck Street
London
Greater London
United Kingdom
ZIP: W1G 8DP
PresidentNA
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Oil & Gas Exploration And Production
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