Xinhua
Editor: yan
The British company SDX Energy said it plans to launch a new well drilling campaign in Morocco, local media reported on Monday.
The campaign would start either by the end of the third quarter or the fourth quarter of 2019 and wrap up during the first half of 2020, the financial daily L’Economiste said.
Total gross capex was expected at around 10 million U.S. dollars with SDX’s share of around 8 million U.S. dollars, the same source noted.
SDX said it is targeting gross production in Morocco of 9 to 11 million standard cubic feet per day of conventional natural gas sales in 2019, it added.
