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Rabat – SDX Energy announced in a press release on February 21, that the latest KSS-2 Well drill results on the permit in Sebou, Morocco, reveal low gas saturation incompatible with commercial usage.
The KSS-2 encountered 8 net meters of high-quality tank, but the company believes that the well location is too isolated from the reservoir source rock, due to its location on the “upthrown” side of a fault.
The KSS-2 is the sixth of nine well projects; four wells have already demonstrated positive results..
In addition, the company assures its investors that the upcoming drills will progress as anticipated.
The next scheduled well on the program is the SAH-2, will be located on the “downthrown” side of the fault, a drilling structure similar to those that have produced effective wells for the company. As a result, the corporation projects that the SAH-2 carries a high potential for commercial use.
