SDX reports drilling delays in Morocco
London-listed SDX Energy reported on December 14 a delay in the completion of its two-well drilling campaign in Morocco, owing to operational issues at the KSR-19 well and COVID-19 border restrictions.
The campaign, which began on November 18, is now expected to wrap up in the middle of the first quarter, rather than by the end of this month as previously expected. SDX CEO Mark Reid said that while the delay was disappointing, "we want to take the time necessary to ensure that the operational issues that have been impacting the drilling of KSR-19 are thoroughly dealt with, thus allowing us to safely recommence drilling as soon as possible."
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The KSR-19 well is targeting the Main Hoot reservoir in Morocco at a depth of 1,780 m, while SDX's second borehole will target a Guebbas reservoir at a depth of 1,300 m. The company hopes to tie any gas discovered at KSR-19 to its existing infrastructure nearby, quickly and at a low cost.