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

Monday, October 10, 2016 3:01
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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


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