StockMarketWire.com - SDX Energy Inc has announced the start of drilling operations on the SD-1X well at its South Disouq concession in Nile Delta area of Egypt.

The well was targeting gas in the upper Abu Madi section and oil in the lower AEB & Abu Roash sections.

Drilling operations were anticipated to take 30-45 days, depending upon what was encountered in the targeted intervals.

The company also confirmed that upon the start of operations it had been granted a six-month extension to the first exploration period, until 19 September 2017.

"This will allow sufficient time for the SD-1X well results to be fully evaluated prior to making any decision to enter into the second exploration period at South Disouq," said SDX in a statement.






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