SDX Energy: AIM listing

SDX Energy, formed in 2015 by the merger of Sea Dragon Energy and Madison PetroGas, has raised £7.6m ($11m) with a listing on London’s Alternative Investment Market. SDX, whose shares also trade on the Toronto Venture Exchange, has assets in Egypt and Cameroon. Chief executive Paul Welch said the new funds raised would enable SDX to increase production from the Meseda concession and to complete the exploration work programme on South Disouq.