By Mohammed Jetutu, in Cairo
Egypt focused junior SDX Energy, is targeting 150Billion standard cubic feet of gas in two new wells proposed to be drilled from mid March 2018.
IbnYunus-1X and Kelvin-1X wells, in the South Disouq concession, will be drilled by the ST-6 rig, owned by the Sino-Tharwa Drilling Company, with which SDX has signed a rig contract for four firm wells and one contingent well.
Sino-Tharwa’s ST-6 rig is currently drilling for another operator and is anticipated to be released in late February 2018 from a location in the Western Desert, Egypt. It will then be mobilized to the IbnYunus prospect location. Following inspection and rig up, the well is anticipated to be spud in mid-March 2018.
Operations at the IbnYunus-1X well are anticipated to take 30 – 40 days and will be targeting the same Abu Madi conventional natural gas bearing intervals that were discovered in the SD-1X well in April 2017. After IbnYunus, the rig will move to the SD-1X discovery, where it will drill two appraisal wells, before moving on to the Kelvin-1X exploration prospect.