Edison Investment Research - Sea Dragon Energy Inc (SDX) SDX Energy - KSR-16 flow exceeds expectations

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Edison Investment Research

Sanjeev Bahl

SDX Energy - KSR-16 flow exceeds expectations

SDX Energy has announced the completion of the KSR-16 well on the Sebou permit in Morocco (SDX 75%) with the well delivering a restricted flow rate of 8.43mmscfd, exceeding management expectations, and the highest flow rate to date from the three successful wells drilled to date. KSR-16 is now on production.

11/01/2018 2 EN

Underlying

Sea Dragon Energy Inc

SDX Energy is engaged in the exploration, acquisition, development and production of oil and natural gas in Africa and Egypt. As of Dec 31 2010, total gross proved reserves for light and medium oil consisted of 3,593 thousand barrels ("mbbls"), natural gas liquids consisting of 211 mbbls and natural gas consisting of 2,575 million cubic feet.

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CA78410A1075 Canada

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Sanjeev Bahl

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SDX Energy - KSR-16 flow exceeds expectations

SDX Energy - Termination of coverage

SDX Energy - In an enviable position in the sector

SDX Energy - Sobhi sole risk delivered a commercial discovery

Record - AUME momentum and a sharper focus

Actinogen Medical - Funding in place through key catalysts

Henderson Opportunities Trust - A differentiated exposure to smaller companies

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