SDX Energy PLC KSIRI-21 WELL UPDATE (9134N)
28 9월 2023 - 3:00PM
UK Regulatory
TIDMSDX
RNS Number : 9134N
SDX Energy PLC
28 September 2023
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY
SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET
ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF
THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"),
THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.
28 September 2023
KSIRI-21 WELL UPDATE
SDX Energy plc ("SDX" or the "Company") is pleased to announce
that the KSR-21 well has reached its total vertical depth of 1,955
metres (1,966 metres measured depth) targeting a prospect within
the Hoot formation, which is one of the main producing formations
in the area. Drilling and wireline logging data confirm the
presence of gas charged sands within the targeted reservoir
section.
The drilling rig will now be moved off location and the
reservoir interval perforated to undergo a short testing period
before being brought onto production to supply existing gas
offtakers.
For further information:
SDX Energy Plc
Daniel Gould, Managing Director
William McAvock, Chief Financial
Officer
Tel: +44 (0) 20 3219 5640
Shore Capital (Nominated Adviser and Broker)
Toby Gibbs/Iain Sexton
Tel: +44 (0) 20 7408 4090
InHouseIR (Investor and Media Relations)
Sarah Dees/Oliver Clark
Email: sdx@inhouseir.com
Tel: +44 (0) 78 8165 0813 / +44 (0) 20 3239 1669
Camarco (PR)
Billy Clegg/Owen Roberts/Violet Wilson
Tel: +44 (0) 20 3757 4980
Competent Persons Statement
In accordance with the AIM Rules for Companies, the technical
information contained in this announcement has been reviewed and
approved by Mr. Aaron LeBlanc, Head of Operations at SDX Energy
Plc. Mr. LeBlanc is a qualified person as defined in the London
Stock Exchange's Guidance Note for Mining and Oil and Gas Companies
and has the necessary professional and technical competencies to
conduct and review petroleum operations. Mr. LeBlanc has a Bachelor
of Science Degree in Geology from the University of Calgary and is
a professional member of the AAPG. Mr. LeBlanc has 21 years of oil
and gas industry technical, operational and leadership
experience.
About SDX
For further information, please see the Company's website at
www.sdxenergygroup.com or the Company's filed documents at
www.sedar.com .
Forward-looking information
Certain statements contained in this press release may
constitute "forward-looking information" as such term is used in
applicable Canadian securities laws. Any statements that express or
involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future
events or are not statements of historical fact should be viewed as
forward-looking information. In particular, statements regarding
future drilling developments at KSR-21 should be regarded as
forward-looking information.
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END
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September 28, 2023 02:00 ET (06:00 GMT)
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