Visitors Now:
Total Visits:
Total Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Oil potential at South Disouq an ‘unexpected but fantastic find’, says SDX boss

Monday, October 10, 2016 3:01
% of readers think this story is Fact. Add your two cents.

(Before It's News)

SDX Energy Inc (LON:SDX, CVE:SDX) has announced that the quality of new 3D seismic data, covering 300 square kilometres of the South Disouq concession, has surpassed expectations and is allowing the group to see additional exploration targets.

Chief executive Paul Welch tells Proactive: “The data’s revealed something that was unanticipated in that we can see deeper horizons that we feel are oil-prone in the Abu Roash and AEB formations.”

Welch adds: “We arrived at this acreage focused on shallower horizons but based on the quality of the seismic data we see oil potential on the block which is fantastic news and something that wasn’t anticipated originally.”

Story by ProactiveInvestors

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.