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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (40787)	2/12/2018 7:48:42 PM
From: Goose94	Read Replies (1) of 202924

SDX Energy (SDX-V) top pick from Josef Schachter on BNN.ca Market Call Monday Feb 12th @ 1300ET SDX has had a very successful drilling program in Morocco and is in the process of bringing on these wells. They get a very high price for this gas at US$12 per thousand cubic feet (mcf) on new contracts versus less than $2/mcf for gas sold in Canada on the spot market. In Egypt at their S. Disouq core area, they will drill two development wells and bring on initial production in Q3/18. In addition, two exploration wells will be drilled in the first half of 2018, which are high-impact wells if successful. The targets indicate trillions of cubic feet of gas potential. We have a one-year target of $2 per share and a three-to-five year bull market target of $5 per share. SDX has no debt and US$30.5 million in cash at the end of Q3/17. We expect production to double into year-end 2018 to over 7,500 boe/d.

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