Sdx Energy Inc (UK) (GB:SDX) has released an update.
SDX Energy Inc has announced the successful execution of a sale and purchase agreement for its West Gharib assets in Egypt, as part of its strategic plan to exit the Egyptian market and focus on growth in Morocco and energy transition strategies. The company has outlined a multi-phased payment structure, with proceeds from the sale estimated at $6.6 million. This move is aligned with SDX’s broader strategy which will be detailed further by the company’s board and management.
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