SDX Drill rig Plans….26 May 2022 08:16
Perhaps the new board will be considering they cannot fulfill gas contracts… as per this quote from 1st February 2022, maybe the drill rig isn’t required by them now.?
Production in Morocco in 2022 will be lower due to a decision not to immediately renew a five-year customer contract until we have better visibility on future gas supply and gas pricing to support the full term of a new contract. As a result of this decision, we are reducing 2022 Moroccan capex guidance by c.US$6.0 million compared to 2021.