SDX Energy Share News (SDX)

IN BRIEF: SDX Energy operations unaffected by earthquake in Morocco

SDX Energy PLC - London-based energy company, which currently has a portfolio of exploration, development and production assets in Egypt and Morocco - Confirms that its operations have not been affected by an earthquake in Morocco last Friday. "SDX expresses its condolences to all those affected and will look to offer support in country," it says.

SDX Energy spuds Ksiri-21 well in Sebou Central of the Gharb Basin

(Alliance News) - SDX Energy PLC on Monday said it has commenced drilling the Ksiri-21 well in Sebou Central of the Gharb Basin, Morocco.

SDX Energy agrees to sell Egyptian assets to multinational buyer

(Alliance News) - SDX Energy PLC on Wednesday said it entered a non-binding heads of terms agreement to divest of all its Egyptian assets, as it prepares to diversify into supporting Morocco's energy transition.

TRADING UPDATES: Ormonde eyes AIM exit; Online Blockchain tests AI app

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: SDX Energy says senior employee in Egypt fired after probe

SDX Energy PLC - Egypt and Morocco-focused oil and gas - Fires senior employee in Egypt after an investigation into conduct. SDX had announced the probe back in May without naming the employee. At the time, SDX said the suspended employee had emailed SDX stakeholders raising concerns about local tax compliance. SDX had rejected the allegations, saying they were "without merit". "The company has received tax advice from local tax compliance specialists, including a 'big four' accounting firm, in relation to the alleged matters and the company strongly believes it complies with all local tax requirements," it said in May.

UK shareholder meetings calendar - next 7 days

SDX Energy mulling sale of its Egyptian assets

(Sharecast News) - SDX Energy responded to, and confirmed, rumours over the potential sale of its Egyptian business on Monday.

SDX Energy shares up as it mulls Egyptian assets sale, receives offers

(Alliance News) - SDX Energy PLC on Monday said it has received multiple offers regarding its Egyptian assets and is evaluating them.

SDX Energy jumps on renegotiation of gas sales agreement in Morocco

(Alliance News) - SDX Energy PLC on Monday said it has renegotiated a gas sales agreement with one of its key customers in Morocco, resulting in it receiving a higher gas price for production from May 1.

UPDATE: SDX Energy says allegations from suspended employee baseless

SDX Energy PLC - Middle East and Africa-focused oil and gas company - Says recently suspended employee emailed SDX stakeholders raising concerns about in-country financial operations related to local tax compliance. Says allegations are "without merit" and are being dealt with.

IN BRIEF: Former Goldman Sachs executive director joins SDX Energy

SDX Energy PLC - Middle East and Africa-focused oil and gas company - Appoints former Goldman Sachs executive director Daniel Gould as managing director. This appointment comes as SDX Energy has undergone several executive changes over the last few months to implement a "new vision". Earlier this month, William McAvock was appointed chief financial officer following the announced departure of Daan Hanssen at the end of May.

TRADING UPDATES: Cohort hails subsidiary's deal; Treatt profit down

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Knights Group buys St James Law and Baines Wilson

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

SDX Energy shares fall as it reports a decline in annual revenue

(Alliance News) - SDX Energy PLC on Friday said its annual revenue fell in 2022, due to increased operating costs and lower sales volumes.

AIM WINNERS & LOSERS: Numis rockets on takeover by Deutsche Bank

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.