$15,000,000
Egypt South Disouq Onshore
SDX is farming-out the South Disouq development block containing the South Disouq and Ibn Yunus fields producing from four wells at 49.5 MMscfe/d.
SDX holds operatorship with 55% equity on the licence and 100% over the SD-12X well. Two exploration wells planned on South Disouq Dev, in 2021 and 2022 respectively, and one development well on Ibn Yunus in 2021.
Details
Asset Name
: South Disouq Onshore
Ref
: AF-EGY-SDO
Continent
: Africa
Country
: Egypt
Location
: Onshore
Project Phase
: Production
Latitude
: 30.9017
Longitude
: 30.8668
Operator
: SDX
Other partners
: IPR
Farmout company
: SDX
Mandated Agent
: None
Work Programmes
: Production
Back Costs
: $1m - $10m
Equity Offered
: 20 - 40%
Deal Status
: Open
FarmoutAngel Valuation
: $25,000,000 - $50,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $15,000,000