#SDX Energy – General Meeting postponed “owing to a logistical issue”

#SDX Energy – proposed AIM cancellation

SDX (SDX) postpones GM re convertible loan notes as having to renegotiate terms

#SDX Energy – agreement for sale of West Gharib asset for estimated $6.6m

#SDX Energy – “received multiple offers in regard to the sale of its Egyptian assets, which the board are evaluating”

#SDX Energy – higher price renegotiated gas sales agreement with “one of its key customers in Morocco”

#SDX Energy – notes management appointments and believes local suspended “senior employee” allegations “substantially without merit and are being dealt with”

#SDX Energy – change of adviser and broker from Stifel to Shore Capital

INVESTIGATION: Jay Bhattacherjee becomes Non Exec Chairman at SDX, whatever became of Nu-Oil?

On Halloween 2022 shareholders in SDX Energy (SDX) were told that Jay Bhattacherjee was joining as Non Executive Chairman? Trick or Treat or both?. The trick first, the RNS states:

SDX Energy – I warned, now I warn again. It’s a bargepole. SELL

It is some time since I last commented on SDX Energy (SDX), in fact it was over 2 ½ years ago when I last hammered the keyboard to record my views on this company. How time flies when Covid lockdowns stop one going to parties. Regardless, yesterdays RNS really was an ouzo moment when one looks at some of the detail. 

#SDX Energy – commencement of 12 well drilling campaign in Gharb Basin, Morocco

SDX Energy– Morocco is about Exploration drills - thanks for the confirmation!

I reviewed SDX Energy (SDX) Morocco and Egypt operations last Friday. I was not expecting the company to respond so quickly with updated information, but I’m sure it’s just a coincidence.

SDX Energy– Is Egypt going to save the company?

Earlier, I reviewed  the SDX Energy (SDX) Morocco gas operation and concluded it’s got some serious issues. But what about Egypt and that oil production? And that great future in South Disouq? Well I’m not sure it get much better in Egypt. This is a SELL and run for the hills and don’t look back in my book.

SDX Energy– Morocco high margin gas – Is it more hot air than gas?

Until recently SDX Energy (SDX) looked in great shape with Egypt oil and Morocco high margin gas following the Circle Oil deal and South Disouq gas production due on stream. Then seemingly out of the blue, on 17^th May, we were told that the CEO is taking a long walk from a short plank, production forecasts were cut and projects delayed. What happened? I think I can see the answer, and why it could be a while before things change.

UK Investor Show video – SDX Energy (#SDX)

SDX Energy should perform well in 2019 and beyond - buy

SDX Energy (SDX) seems to be one of those AIM natural resources companies that has largely been forgotten about by private investors, but it has an awful lot going on over the coming 12 months, and beyond, and if even some of what it has scheduled goes to plan, then I would expect the shares to trade a lot higher...

#SDX Energy – “successful production test at SD-3X well, Egypt”, pressure build-up ongoing

#SDX Energy – spud of SD-4X appraisal well, Egypt

#SDX Energy – Ibn Yunus 1X flow test rate “exceeded initial expectations”

UK Investor Show 2018 Video - Paul Welch of SDX Energy

On this one I confess complete ignorance, the sum of my knowledge is exactly zero so it is over to Paul Welch of SDX Energy (SDX) to explain more.