SDX Energy's Paul Welch on their 'significant success' at SD-1X
Paul Welch, chief executive of SDX Energy Inc (LON:SDX) gave Proactive’s Stocktube details of the deeper exploration target in the SD-1X well, in Egypt, where drilling is now complete.
Having already made a significant gas discovery in shallower gas targets the company has now confirmed the presence of hydrocarbons and a working petroleum system in the deeper exploration target, though there wasn’t a sufficient amount of hydrocarbons to warrant further testing at this time.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/stocktube/7402/sdx-energy-s-paul-welch-on-their-significant-success-at-sd-1x-7402.html
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