SDX Energy Plc releases production update-December 10, 2019

  • Dec 10, 2019 GMT
  • Team Kalkine
  • The company has achieved stable production rate of 50 MMscfe/d from its project site in Egypt
  • This production was achieved 3 months earlier than estimated
  • All gas produced is sold to EGAS at a fixed price of US$2.85/Mcf
  • The share of production for Government of Egypt is 51%
  • On 10th December 2019, the stock of SDX was trading at GBX 21.50 at GMT 08:42 AM, up 1 point or 4.88% from its previous close.

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