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SDX Energy PLC – SDX – Trading and Operations Update

SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company, is pleased to provide an unaudited update on its operating results and cash and liquidity position for the nine months ended 30 September 2020. All monetary values are expressed in United States dollars net to the Company unless otherwise stated.

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SDX Energy PLC – Operational and Corporate Update

·      Development of South Disouq (SDX 55% working interest and operator) continues on schedule and on budget, with factory acceptance tests for the central processing facility (“CPF”) and compressor, the first of three project milestones, now successfully completed.

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SDX Energy PLC – Directorate Change

The Company advises that following the 10 June 2019 press release by Waha Capital, a 19.48% shareholder of SDX through its wholly-owned subsidiary SDX SPV Limited, in which it announced the departure of Michael Raynes as CEO, Mr. Raynes has resigned as a director of SDX and from his role on SDX’s board of directors as nominee of SDX SPV Limited.

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SDX Energy Inc. – Expansion in Morocco

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to announce that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.

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SDX Energy Inc. – Operations and Corporate Update

SDX Energy Inc. (AIM: SDX), the North Africa focused oil and gas company, provides its 2019 operational outlook and advises of its intention to delist from the TSXV in conjunction with a move of its corporate residence of the Group’s holding company to the UK from Canada. 

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