SDX Sdx Energy Plc

TIDMSDX

RNS Number : 4191V

SDX Energy PLC

07 August 2020

7 August 2020

SDX ENERGY PLC

("SDX" or the "Company")

Corporate Broker Change

SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company, announces that as a result of Cantor Fitzgerald Europe closing certain elements of its corporate finance function, its Corporate Brokers are now Stifel Nicolaus Europe Limited and Peel Hunt LLP. The Company's Nominated Adviser will continue to be Stifel Nicolaus Europe Limited.

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 three producing assets: a 55% operated interest in the South Disouq gas field in the Nile Delta, a 50% non-operated interest in the West Gharib concession, which is located onshore in the Eastern Desert, adjacent to the Gulf of Suez, and a 12.75% non-operated interest in the South Ramadan concession offshore 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 .

For further information:

 
 SDX Energy Plc 
  Mark Reid 
  Chief Executive Officer 
  Tel: +44 203 219 5640 
 Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker) 
  Callum Stewart 
  Simon Mensley 
  Ashton Clanfield 
  Tel: +44 (0) 207 710 7600 
 Peel Hunt LLP (Joint Broker) 
  Richard Crichton 
  David McKeown 
  Tel: +44 (0) 207 418 8900 
 Camarco (PR) 
  Billy Clegg 
  Owen Roberts 
  Violet Wilson 
  Tel: +44 (0) 203 757 4980 
 

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August 07, 2020 02:00 ET (06:00 GMT)

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