SDX Makes Third Moroccan Discovery

Toronto and AIM-listed explorer SDX Energy said December 11 it had made a gas discovery at its KSR-16 development well on the Sebou permit in Morocco, where SDX has a 75% interest.

It added that its recently completed KSR-15 well has been connected to the existing infrastructure and it is expected that test production there will commence early next week. Its earlier KSR-14 well began producing last month.

The KSR-16 well, drilled to a total depth of 1,896 meters, encountered 14.2 meters of net conventional natural gas pay; SDX expects it will be connected up and start production within the next 30 days. The drillrig that will now move to the ELQ-1 prospect on SDX's recently acquired Gharb Centre permit, also in Morocco, and drill the first commitment well there.