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Yes I saw on the PRD thread thanks mick. I took my no's from last years drill.
Interesting that PRD have RNS'd they could be drilling in June, seems early to me but very quick turnaround for Star drilling and SDX if so.
Should read 150m/day :)
Hi PS,
If you look at the performance chart from a previous drill Star Valley/Sdx drill, you can see rig 101 can drill approx 15/day, so the 63 days quoted by aSDX should be doable.
https://starvalleydrilling.ca/wp-content/uploads/2020/04/SDX-Drilling-Preformance-R101-Morocco.pdf
Mick
re timings john so you won't think I was just deramping .
28th Jan last year SDX RNS'd they'd moved their rig already to the BMK-1 location to drill 1,551 meters.
They RNS'd they'd finished and were moving the rig again on 4th march which gave them 5 weeks or 35 days for 1551 meters.
They're now planning 3 drills and associated rig movements, one of 1,160m another of 1,720m and a third which is a dual target well, testing the Guebbas reservoir at 1,600m and the the Hoot reservoir at around 1,790m.
First well spud 30th April should be around 28 days being 20% shallower then the next 2 close to 38,39 days each being 1700m+ each and one needing 2 zones tested? Thats 15 weeks without delays which is what 14th,15th Aug?
I know they've said they'll be quicker and maybe they will just think that if there's delays it may be that prd's drill gets pushed to the back of the line rather than their own.
If I'm wrong on the calcs show me and I'll happily apologise by the way.
You're on the wrong board john. thi is SDX not PRD. The statement stands however.
If you actually stopped your PRD deramping and concentrated on the RNS you will notice a 2-3 month window for PRD.
The campaign is expected to complete in July 2021, at which point the Company will update the market on results.
The second phase of the Moroccan drilling campaign will commence in September/October 202
Noted that with the one month delay they broke their "gentleman's agreement" with PDR to let them have the rig after SDX had drilled their first 2 now its after 3.
Wouldn't be surprised since they want the rig back September time anyway if they don't just carry on and do all 5 before handover especially if there's any further delays.
Malcy writes
I look forward to updating the market in the coming months on what is looking to be a very busy and exciting period of activity.”
'SDX has announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year. This first phase of the Morocco drilling campaign will consist of three appraisal/development wells, which management estimates will target a total of 1.3 bcf of P90/1.8 bcf of P50, gross unrisked prospective recoverable resources, in its operated Gharb Basin acreage in Morocco (SDX: 75% working interest).
The first well, OYF-3, which spud on 30 April 2021, is targeting the Guebbas reservoir at approximately 1,160m. The second well, KSR-17, will target the Hoot reservoir at approximately 1,720m and the third well, KSR-18, is a dual target well, with the first in the Guebbas reservoir at 1,600m and the second in the Hoot reservoir at around 1,790m. All three wells are looking to encounter shallow, biogenic gas accumulations near to the Company’s existing infrastructure, thus enabling tie-ins to be completed quickly and at low cost. The Company will utilise the drilling rig that is already stacked in its yard in Morocco, thereby incurring minimal mobilisation cost.
The campaign is expected to complete in July 2021, at which point the Company will update the market on results. The second phase of the Moroccan drilling campaign will commence in September/October 2021.
Mark Reid, CEO of SDX, commented: “I am pleased to announce that the Company has commenced its 2021 drilling activities of up to eleven wells across our portfolio of assets with the spud of the OYF-3 appraisal/development well in Morocco. This is the first of three wells to be drilled in the coming months with a further two planned for later in the year. The objective of these wells is to add reserves to allow us to continue to deliver gas to our customers in line with their contractual requirements. The commencement of this campaign has been delayed by approximately one month due to covid-19 related travel restrictions delaying the mobilisation of equipment and personnel into Morocco. We would particularly like to thank our partner ONHYM for providing invaluable assistance in enabling us to obtain the necessary Government authorisations to mobilise the equipment and people into the country to commence the campaign last week.
The Company’s Egyptian drilling activities are expected to commence in June with the first of four development wells in West Gharib and the start of our very exciting two well campaign in South Disouq where the second well, the Hanut-1X exploration well planned for mid-Q3, will be targeting gross unrisked mean recoverable volumes of 139bcf with a 33% chance of success.
I look forward to updating the market in the coming months on what is looking to be a very busy and exciting period of activity.”
4 May 2021
SDX ENERGY PLC ("SDX", the "Company" or the "Group")
COMMENCEMENT OF DRILLING OPERATIONS IN MOROCCO
SDX Energy Plc (AIM: SDX), the MENA-focused energy company, is pleased to
announce the commencement of the first, three well, phase of its 2021 drilling
campaign in Morocco, which will comprise up to five wells over the year.
Mark Reid, CEO of SDX, commented:
"I am pleased to announce that the Company has commenced its 2021 drilling
activities of up to eleven wells across our portfolio of assets with the spud
of the OYF-3 appraisal/development well in Morocco. This is the first of three
wells to be drilled in the coming months with a further two planned for later
in the year. The objective of these wells is to add reserves to allow us to
continue to deliver gas to our customers in line with their contractual
requirements. The commencement of this campaign has been delayed by
approximately one month due to covid-19 related travel restrictions delaying
the mobilisation of equipment and personnel into Morocco. We would
particularly like to thank our partner ONHYM for providing invaluable
assistance in enabling us to obtain the necessary Government authorisations to
mobilise the equipment and people into the country to commence the campaign
last week.
The Company's Egyptian drilling activities are expected to commence in June
with the first of four development wells in West Gharib and the start of our
very exciting two well campaign in South Disouq where the second well, the
Hanut-1X exploration well planned for mid-Q3, will be targeting gross unrisked
mean recoverable volumes of 139bcf with a 33% chance of success.
I look forward to updating the market in the coming months on what is looking
to be a very busy and exciting period of activity."
Moroccan Drilling Campaign
This first phase of the Morocco drilling campaign will consist of three
appraisal/development wells, which management estimates will target a total of
1.3 bcf of P90/1.8 bcf of P50, gross unrisked prospective recoverable
resources, in its operated Gharb Basin acreage in Morocco (SDX: 75% working
interest).
The first well, OYF-3, which spud on 30 April 2021, is targeting the Guebbas
reservoir at approximately 1,160m. The second well, KSR-17, will target the
Hoot reservoir at approximately 1,720m and the third well, KSR-18, is a dual
target well, with the first in the Guebbas reservoir at 1,600m and the second
in the Hoot reservoir at around 1,790m. All three wells are looking to
encounter shallow, biogenic gas accumulations near to the Company's existing
infrastructure, thus enabling tie-ins to be completed quickly and at low cost.
The Company will utilise the drilling rig that is already stacked in its yard
in Morocco, thereby incurring minimal mobilisation cost.
The campaign is expected to complete in July 2021, at which point the Company
will update the market on