tiprankstipranks
SDX Energy Strikes Gas at Moroccan BMK-2 Well
Company Announcements

SDX Energy Strikes Gas at Moroccan BMK-2 Well

Sdx Energy Inc (UK) (GB:SDX) has released an update.

SDX Energy Inc has successfully completed drilling operations at the BMK-2 well in Morocco’s Rharb Basin, with promising signs of gas after reaching a depth of 1,265 meters. The well, which has been temporarily suspended, showed strong gas shows that were about 100 times the background levels. The company plans to sidetrack the well to further explore the target formation after mobilizing the necessary equipment.

For further insights into GB:SDX stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles