- CEO
- Yvon Quillien
- Full Time Employees
- 56
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 38 Welbeck Street London United Kingdom W1G 8DP
- IPO Date
- Feb 14, 2013
- Business
- SDX Energy Plc engages in the exploration, development and production of oil and natural gas primarily in North Africa. The company holds a 75% working interest in four development and production concessions in Morocco's Gharb Basin, including the LMK-1, LMK-2, KSS-2 and KSR-21 gas wells; it previously operated a 36.9% interest in the South Disouq and Ibn Yunus gas fields and a 67% interest in Ibn Yunus North in Egypt's Nile Delta as well as a 50% non-operated interest in the West Gharib oil concession in Egypt's Eastern Desert. Founded in 2015 through the merger of Sea Dragon Energy and Madison PetroGas and headquartered at 38 Welbeck Street in London, United Kingdom, SDX focuses on low-cost, high-margin assets with long-term fixed-price gas sales agreements, targeting vertical integration of gas production, transportation, pipeline extensions for gas imports from Spain and hybrid power generation to support Morocco's energy transition. In recent developments, SDX delisted from the AIM market of the London Stock Exchange in February 2025 and changed its name from SDX Energy Plc to SDX Energy Limited; the company is divesting its Egyptian assets to fund Moroccan expansion, negotiating structured financing secured by future gas revenues for drilling the KSR-22 production well and tying in stranded gas wells including the ONHYM well, pursuing strategic partnerships with multi-billion dollar international firms for additional drilling and 3D seismic acquisition, and strengthening ties with partner CITIC and offtaker DMA through gas prepayments totaling approximately $4.2 million in late 2023 and early 2024. SDX operates exclusively in Morocco and Egypt, serving industrial offtakers with resilient production insulated from oil price volatility.