Sdx Energy Inc (UK) (GB:SDX) has released an update.
SDX Energy PLC has announced the sale of its West Gharib assets in Egypt for an estimated $6.6 million, marking a strategic exit from the region. The proceeds from the sale will be invested in expanding the company’s operations in Morocco, where SDX is the sole independent gas producer. This divestiture is part of SDX’s broader strategy to enhance shareholder value by focusing on Moroccan assets and exploring opportunities in energy transition areas.
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