SDX Energy Regulatory News (SDX)

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

22 May 2020

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

Result of AGM

SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company, is pleased to announce that at the Annual General Meeting ("AGM") of the Company held on 22 May 2020 all of the resolutions set out in the Company's Notice of AGM dated 27 April 2020 were duly passed on a poll with the results as stated below:

About SDX

SDX is an international oil and gas exploration, production and development company, headquartered in London, United Kingdom, with a principal focus on MENA. In Egypt, SDX has a working interest in four producing assets: a 55% operated interest in the South Disouq gas field in the Nile Delta, a 50% non-operated interest in each of the North West Gemsa and West Gharib concessions, which are located onshore in the Eastern Desert, adjacent to the Gulf of Suez and a 12.75% non-operated interest in the South Ramadan concession offshore Gulf of Suez. In Morocco, SDX has a 75% working interest in the Sebou concession, situated in the Gharb Basin. The producing assets in Morocco are characterised by attractive gas prices and exceptionally low operating costs. SDX has a strong weighting of fixed price gas assets in its portfolio with low operating costs and attractive margins throughout, providing resilience in a low commodity price environment. SDX's portfolio also includes high impact exploration opportunities in both Egypt and Morocco.

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

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