INSUBCONTINENT EXCLUSIVE:
SDX Energy has revealed exciting new gas prospects in Morocco
The company has identified two drilling targets, KSR-22 and OLME-A, with estimated unrisked volumes of 2.4 Bcf and 0.6 Bcf,
company has uncovered a potential 47 billion cubic feet (Bcf) of gas in Morocco
This includes the two new drilling targets, which represent over 3 Bcf of gas.SDX Energy is also in talks with the Moroccan government to
exploit an unconnected gas well, potentially boosting revenue
Plans are underway to launch a tender for acquiring 150 square kilometers of 3D seismic data.This initiative aims to uncover new gas
Advanced discussions with two international partners could accelerate exploration and production efforts.Moroccan Gas Production Set to
Overview and Future DevelopmentsThis project merged five seismic surveys, improving data coherence and structural resolution
We plan to conduct an AVO inversion analysis to refine hydrocarbon indicators, expecting results by late 2024.The data reinterpretation has
revealed several amplitude clusters, suggesting a recoverable potential of 47 Bcf of gas
If confirmed, we can develop this project using multilateral drilling techniques.SDX Energy notes strong gas demand from Moroccan industries
and has begun discussions for project financing
Mines Office (ONHYM) to connect an existing gas well to its network.This could generate short-term revenue
Additional wells may be connected, subject to further negotiations with ONHYM.SDX Energy is preparing for an exciting phase with a planned
supply to local industries, fostering economic growth and energy independence in the region.
