SDX Energy spudded the Ibn Yunus‑1X exploration well at the South Disouq concession in Egypt. The well is targeting the natural-gas-bearing Abu Madi intervals that were discovered in the SD-1X well in May 2017. Ibn Yunus-1X is the first of four wells planned on the concession. Following the success of the 2017 well, which proved the presence of source rock in the area, analysis by the company’s technical team has boosted SDX’s confidence in identifying pay intervals through 3D seismic interpretation, company CEO Paul Welch said.
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