{"id":637696,"date":"2017-11-22T03:54:34","date_gmt":"2017-11-22T03:54:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/"},"modified":"2017-11-22T03:54:34","modified_gmt":"2017-11-22T03:54:34","slug":"sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/","title":{"rendered":"SDX announces completing a number of projects in Egypt in 3Q2017, attributes rise in profit to Circle Oil acquisition"},"content":{"rendered":"

SDX Energy announced completing<\/a> a number of projects in Egypt during 3Q2017. The company concluded a twelve-well program at North West Gemsa, which should allow it to achieve its 5,000 boepd target for the year, in addition to finalizing the expansion of a processing facility at its Meseda project by increasing treatment capacity to 20,000 bfpd from 10,000. In South Disouq, SDX is in talks with Natural Gas Holding Company to drill an additional two wells and add 10 km of pipe to the main export line, which it hopes to complete in 1H2018. SDX has also completed development plans for its South Ramadan concession and should begin moving forward on the project soon. The company attributed the rise in its 3Q2017 net revenues to USD 10.1 mn, from USD 2.9 mn in 3Q2016 to \u201cthe acquisition of the Egyptian and Moroccan businesses of Circle Oil<\/a>\u201d in January this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

SDX Energy announced completing a number of projects in Egypt during 3Q2017. The company concluded a twelve-well program at North West Gemsa, which should allow it to achieve its 5,000 boepd target for the year, in addition to finalizing the expansion of a processing facility at its Meseda project by increasing treatment capacity to 20,000 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637696","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0e242645-52aa-49ae-a9ea-79ba1e31c279","order":"0","is_powered_by":true,"section_story_id":"ba346fb3-cbce-4dc3-9dab-dbe867baaf01","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637666],"teaser":"","voice_url":""},"yoast_head":"\nSDX announces completing a number of projects in Egypt in 3Q2017, attributes rise in profit to Circle Oil acquisition - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SDX announces completing a number of projects in Egypt in 3Q2017, attributes rise in profit to Circle Oil acquisition\" \/>\n<meta property=\"og:description\" content=\"SDX Energy announced completing a number of projects in Egypt during 3Q2017. The company concluded a twelve-well program at North West Gemsa, which should allow it to achieve its 5,000 boepd target for the year, in addition to finalizing the expansion of a processing facility at its Meseda project by increasing treatment capacity to 20,000 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-22T03:54:34+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SDX announces completing a number of projects in Egypt in 3Q2017, attributes rise in profit to Circle Oil acquisition\",\"datePublished\":\"2017-11-22T03:54:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/\"},\"wordCount\":163,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/sdx-announces-completing-a-number-of-projects-in-egypt-in-3q2017-attributes-rise-in-profit-to-circle-oil-acquisition\/\",\"name\":\"SDX announces completing a number of projects in Egypt in 3Q2017, attributes rise in profit to Circle Oil acquisition - 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The USD 2.3 mn well is set to access the Kafr el Sheikh formation that SDX\u2019s Ibn Yunus well is currently extracting\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572470,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/sdx-energy-optimistic-it-will-extend-gas-production-at-south-disouq-till-2026\/","url_meta":{"origin":637696,"position":1},"title":"SDX Energy optimistic it will extend gas production at South Disouq till 2026","author":"enterpriseam admin","date":"25 June 2020","format":false,"excerpt":"SDX Energy will maintain its 50 mcf\/d gas production rate at its onshore South Disouq block for another 18 to 24 months, with a further extension to mid-2026 also likely, the company said in a statement. The block\u2019s Sobhi well will generate USD 25 mn of cash flow, according to\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":588829,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/18\/sdx-could-exit-egypt\/","url_meta":{"origin":637696,"position":2},"title":"SDX could exit Egypt","author":"enterpriseam admin","date":"18 June 2023","format":false,"excerpt":"SDX operates concessions in the Nile Delta and the Eastern Desert","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/823.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649678,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/06\/sdx-energy-inc-preparing-to-start-drilling-in-south-disouq-exploration-well\/","url_meta":{"origin":637696,"position":3},"title":"SDX Energy Inc preparing to start drilling in South Disouq exploration well","author":"enterpriseam admin","date":"6 March 2017","format":false,"excerpt":"SDX Energy Inc is set to start drilling in the South Disouq exploration well within two weeks, after completing construction work at the wellsite, Proactive Investors reports. SDX finalized the location for drilling in the concession, in which it operates a 55% interest, in November.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570672,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/09\/sdx-energy-makes-new-gas-discovery-at-egypts-south-disouq\/","url_meta":{"origin":637696,"position":4},"title":"SDX Energy makes new gas discovery at Egypt\u2019s South Disouq","author":"enterpriseam admin","date":"9 April 2020","format":false,"excerpt":"SDX Energy has discovered 24 bcf of natural gas at the Sobhi well in its South Disouq concession, the energy company said yesterday. The discovery opens a \"low-cost, highly-cash generative\" field expansion for South Disouq, CEO Mark Reid said. He added that the company will need another development well to\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575474,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/sdx-energy-receives-egas-approval-to-extend-south-disouq-concession-agreement\/","url_meta":{"origin":637696,"position":5},"title":"SDX Energy receives EGAS approval to extend South Disouq concession agreement","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"SDX Energy has received approval from state-owned EGAS to extend its South Disouq concession agreement for another two years, Al Mal reports. 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