Arab Finance: The board of UK-based SDX Energy Plc is evaluating a number of offers it received for the sale of its Egyptian assets, according to a recent announcement.
The company will disclose any further details in due course, in addition to more information on its plans to return value to its shareholders through both organic and inorganic growth.
SDX has a 36.9% operated interest in the South Disouq and Ibn Yunus gas fields and a 67.0% operated interest in the Ibn Yunus North gas field in the Nile Delta, as well as a 50% non-operated interest in the West Gharib concession.