Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSDX Energy Regulatory News (SDX)

Share Price Information for SDX Energy (SDX)

Share Price is delayed by 15 minutes
Get Live Data
0.26    0.00 (0.00%)
Bid:
0.22
Ask:
0.30
Spread: 0.08 (36.364%)
Market Cap: £531.86k
SDX Live PriceLast checked at - London Stock Exchange

Intraday SDX Energy Share Chart

Contract

5 Oct 2023 07:00

RNS Number : 7423O
SDX Energy PLC
05 October 2023
 

5 October 2023

SDX ENERGY PLC ("SDX" or the "Company")

SDX/CITIC GAS PREPAYMENT PARTNERSHIP UPDATE  

 

SDX is pleased to announce that, further to its announcement on 13 September 2023 where the Company announced a Gas Prepayment Heads of Terms ("HoT"), the prepayment amount of c. $1.9 million has now been received from DIKA MOROCCO AFRICA, a 100%-owned subsidiary of CITIC Dicastal, which is a subsidiary of Citic Group, a Chinese holding company with a corporate portfolio approaching $1 trillion.

 

This prepayment shows evidence of a deepening partnership between SDX and CITIC Dicastal, which is the Company's largest offtaker and has an increasing and immediate demand for SDX's gas.

 

The funds will be used primarily to pay the costs of drilling the KSR-21 well in Morocco.

 

 

For further information:

 

SDX Energy Plc

Daniel Gould, Managing Director

William McAvock, Chief Financial Officer

Tel: +44 (0) 20 3219 5640

 

 

 

Shore Capital (Nominated Adviser and Broker)

Toby Gibbs/Iain Sexton

Tel: +44 (0) 20 7408 4090

 

InHouseIR (Investor and Media Relations)

Sarah Dees/Oliver Clark

Email: sdx@inhouseir.com

Tel: +44 (0) 78 8165 0813 / +44 (0) 20 3239 1669

 

Camarco (PR)

Billy Clegg/Owen Roberts/Violet Wilson

Tel: +44 (0) 20 3757 4980

 

 

About SDX

For further information, please see the Company's website at www.sdxenergygroup.com or the Company's filed documents at www.sedar.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTNKQBQKBDBNKK
Date   Source Headline
3rd Feb 20257:00 amRNSCancellation - SDX Energy Plc
29th Jan 20257:00 amRNSSecondary Trading Following Cancellation
27th Jan 20255:30 pmRNSSDX Energy
24th Jan 20251:49 pmRNSResult of General Meeting
10th Jan 20254:51 pmRNSNotice of General Meeting
30th Dec 20247:00 amRNSPostponement of General Meeting
16th Dec 20247:00 amRNSPosting of Circular and Notice of General Meeting
6th Dec 20247:00 amRNSProposed Cancellation of Admission to Trading
4th Nov 20247:00 amRNSCompletion of Refinancing of Convertible Loan
29th Oct 20247:00 amRNSUpdate on Convertible Loan
16th Oct 20247:00 amRNSAppointment of Non-executive Director
15th Oct 20247:00 amRNSUpdate on Convertible Loan
14th Oct 202411:26 amRNSResult of Meeting
8th Oct 20243:30 pmRNSHolding(s) in Company
30th Sep 20247:00 amRNSHalf-year Report
27th Sep 20247:00 amRNSNotice of General Meeting
26th Sep 20247:00 amRNSUpdate on Convertible Loan
20th Sep 20241:03 pmRNSResult of Annual General Meeting
20th Sep 20247:00 amRNSUpdate on Convertible Loan
18th Sep 20247:00 amRNSMorocco Operations Update
4th Sep 20246:08 pmRNSNotice of GM
4th Sep 202412:06 pmRNSHolding(s) in Company
4th Sep 20247:00 amRNSUpdate on Convertible Loan
5th Aug 20243:35 pmRNSHolding(s) in Company
25th Jul 20247:00 amRNSUpdate on Convertible Loan
18th Jul 20247:00 amRNSHolding(s) in Company
15th Jul 20244:09 pmRNSHolding(s) in Company
2nd Jul 20242:18 pmRNSHolding(s) in Company
2nd Jul 20247:00 amRNSNotice of AGM
1st Jul 20247:00 amRNSFinal Results
16th May 20243:05 pmRNSHolding(s) in Company
9th May 20247:00 amRNSHolding(s) in Company
3rd May 20247:00 amRNSInvestor Presentation via Investor Meet Company
3rd May 20247:00 amRNSMOROCCO BMK-2 WELL UPDATE
29th Apr 20247:00 amRNSMOROCCO KSR-21 WELL UPDATE
24th Apr 20247:00 amRNSUPDATE ON SALE PROCEEDS AND CONVERTIBLE LOAN
19th Apr 20247:00 amRNSSale of West Gharib Asset in Egypt
3rd Apr 20247:00 amRNSSPUD OF BMK-2 WELL
10th Jan 202412:50 pmRNSHolding(s) in Company
9th Jan 20247:00 amRNSCorporate Update
15th Dec 20234:13 pmRNSTR-1
1st Dec 20237:00 amRNSForm 8.3 - SDX ENERGY PLC
1st Dec 20237:00 amRNSForm 8.3 - SDX ENERGY PLC
27th Nov 20237:00 amRNSCorporate Strategy Update
22nd Nov 20237:00 amRNSDirectorate Change
31st Oct 20237:00 amRNSDrilling/Production Report
5th Oct 20237:00 amRNSContract
29th Sep 20237:00 amRNSINTERIM RESULTS
28th Sep 20237:00 amRNSKSIRI-21 WELL UPDATE
13th Sep 20237:00 amRNSGAS PREPAYMENT AGREEMENT

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.