SDX Energy sees reserves on phase one of its South Disouq concession reach 180 bcf of gas reserves and around 8.73 mn bbl of condensates, the company confirmed according to Proactive Investors. SDX Energy expects to produce around 45 mcf/d once phase one is online, Country Manager Ahmed Moaz tells Al Mal.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…