ANNUAL REPORT AND ACCOUNTS

RNS Number : 5807U

SDX Energy PLC

07 April 2021

 

7 April 2021

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

ANNUAL REPORT AND ACCOUNTS

SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company, announces that electronic copies of its Company's Annual Report and Accounts for the year ended 31 December 2020 (the '2020 Report') have been published in the Investors section of the Company's website at www.sdxenergy.com .

Printed copies of the 2020 Report have today been posted to registered shareholders who have elected to receive paper communications.

For further information:

SDX Energy Plc Mark Reid Chief Executive Officer Tel: [phone]
Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker) Callum Stewart Jason Grossman Ashton Clanfield Tel: [phone]
Peel Hunt LLP (Joint Broker) Richard Crichton David McKeown Tel: [phone]
Camarco (PR) Billy Clegg Owen Roberts Violet Wilson Tel: [phone]

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 two producing assets: a 55% operated interest in the South Disouq gas field in the Nile Delta and a 50% non-operated interest in the West Gharib concession, which is located onshore in the Eastern Desert, adjacent to the Gulf of Suez. In Morocco, SDX has a 75% working interest in five development/production concessions, all 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 . 

Inside Information

This announcement does not contain inside information

 

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