SDX is an international energy company, headquartered in London and listed on the AIM section of the London Stock Exchange since 2016.
SDX is a North African focussed energy company with assets in both Egypt and Morocco, a repurposed management team and a new strategy to leverage Moroccan upstream and midstream assets to create shareholder value.
In Egypt (currently under sale process), SDX has a working interest in two producing assets: a 36.9% operated interest in the South Disouq and Ibn Yunus gas fields and a 67.0% operated interest in the Ibn Yunus North gas field in the Nile Delta and a 50% non-operated interest in the West Gharib concession, which is located onshore in the Eastern Desert, adjacent to the Gulf of Suez.
In Morocco, SDX is the only independent gas producer since 2008 and has a 75% working interest in four development/production concessions, all situated in the Gharb Basin. In the short to medium-term SDX plans to re-inforce and grow its Moroccan upstream gas production via the drilling of multiple wells in 2024 with the aim of increasing book gas reserves to more than two years’ worth of supply.
Strategy
Our strategy is to leverage Moroccan upstream and midstream assets to create shareholder value.
- Midstream Assets: Extend pipeline infrastructure to import gas, supplying our Moroccan industrial offtakers over the long term
- Upstream Assets: Reinforce and grow upstream gas production via the drilling of multiple wells, increasing book gas reserves to more than two years of current supply
- Renewables: Cross sell renewable energy to our gas offtakers
Vision
Our vision is to become a vertically integrated hybrid gas and renewable energy producer – re-rating the company’s market valuation.
Purpose
Our purpose is to safely and sustainably supply energy to the benefit of all of our stakeholders.