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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (50556)1/25/2019 5:59:09 PM
From: Goose94Read Replies (1) | Respond to of 203329
 
SDX Energy (SDX-V) top pick from Josef Schachter on BNN.ca Market Call Thirst-day Jan 24th @ 1200ET

SDX’s CEO gave an update on the company on Jan. 14 which was very encouraging. They received the go-ahead from the Egyptian government to build the pipeline and central facility to bring on the South Disouq natural gas discovery. Plateau gross production should be between 50 to 60 million cubic feet per day (55 per cent SDX) and should start up in late Q2/19. The South Ramadan offshore well (12.75 per cent SDX) came in with a surprise result of 110 feet of net oil pay from three zones. Testing will commence on the main Matulla zone (75 feet of net pay) and it will be determined if the well will flow at a commercial rate. We continue to buy shares of SDX on weakness.