logo-loader

SDX Energy's Paul Welch on their 'significant success' at SD-1X

Published: 20:43 05 May 2017 AEST

Paul Welch, chief executive of SDX Energy Inc (LON:SDX) gave Proactive's Stocktube details of the deeper exploration target in the SD-1X well, in Egypt, where drilling is now complete.

Having already made a significant gas discovery in shallower gas targets the company has now confirmed the presence of hydrocarbons and a working petroleum system in the deeper exploration target, though there wasn’t a sufficient amount of hydrocarbons to warrant further testing at this time.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

11 hours, 48 minutes ago