LNG

June 18 (LNG) - SDX Energy Inc., the UK-based exploration company, has made another natural gas discovery in Egypt at its South Disouq concession. The well was drilled to a total depth of 7,806 feet and encountered 89 feet of net conventional natural gas pay. SDX also completed a test programme at its LMS-1 well in the Lalla Mimouna Nord permit in Morocco. Egypt is seeking to end LNG imports amid abundant domestic gas supply while Morocco has one LNG import project in development. “Overall we are very pleased with our recent drilling activity. In Morocco we had seven successful results from our nine well program and in Egypt we have had three successes out of the four wells drilled,” said SDX Chief Executive Paul Welch. “I am looking forward to updating our shareholders on the well test results and progress we are making on our development activity,” he added.

SDX Energy, the UK-listed exploration and production company, has made a second natural gas discovery in Morocco as its operations “build real momentum” in the North African kingdom that is a net importer of energy and is preparing to join the ranks of global LNG importers.

SDX Energy, the UK-listed exploration and production company, said it had made a natural gas discovery in Morocco, the North African kingdom that is a net importer of energy and is preparing to join the ranks of global LNG importers.