SDX buys Circle assets


Issue 339 - 02 Feb 2017 | 1 minute read
SDX Energy has completed the acquisition of Circle Oil’s assets in Morocco and Egypt for $30m (AE 338/12). SDX has acquired the producing Sebou permit and the Lalla Mimouna permit in Morocco, and the Al Amir and Geyad permits in Egypt’s Gulf of Suez. The acquisition was funded by a share placing on London’s AIM market that raised $40m on 24 January.

Want to read more?

Small article

£4

(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register