IN BRIEF: SDX Energy spuds fifth well in Egyptian development campaign

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SDX Energy PLC - London-based oil and gas company - Spuds the MSD-23 infill development well at the Meseda field on the West Gharib concession in Egypt. MSD-23 is the fifth well in a fully funded 13 well development campaign. The fourth well, MSD-24, is currently producing in line with pre-drill estimates at 300 barrels per day. Operations at the third well continue.

The campaign aims to grow production to between 3,500 to 4,000 barrels per day by mid-2023.

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