The Sidi Dhaher discovery is located in the 2,428 square-km large Chorbane Exploration Permit near the port city of Sfax.
ADX has completed the Operators’ revised mapping and volume calculations using a new seismic interpretation from the Sidi Dhaher well results.
The Sidi Dhaher discovery surrounded by several producing oil fields and extensive oil and gas infrastructure encountered a thick, porous and permeable Bireno reservoir with an 80m sealing shale section.
Currently, ADX is in the process of finalizing rig selection to progress with well testing at the earliest.
ADX Energy as operator holding a 40% stake in the Sidi Dhaher -1 well, Gulfsands Petroleum with 40%, XState Resources with 10% and Verus Investments with 10%.
