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SDX Provides Update on ONZ-7 Development Well

Source: www.gulfoilandgas.com 2/6/2018, Location: Africa

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SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that the ONZ-7 well on the Sebou permit in Morocco has been completed and tested. Using a 48/64” choke, the ONZ-7 well achieved an average flow rate of conventional natural gas of 10 MMscf/d (million standard cubic feet per day). The well will now be shut in for several days for a pressure build-up after which it will be connected to the local infrastructure.

Paul Welch, President and CEO of SDX, commented:

"Today’s positive update on ONZ-7 reaffirms our view that the Sebou permit has the potential to be highly cash generative for SDX. Furthermore, the maximum flow rate during this test of 15.34MMscf/d is the highest achieved to date in the basin. This provides us with further confidence in being able to deliver our gross production target of 8-10MMscf/d of conventional natural gas in Morocco by the end of 2018.”



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