SDX Energy plc Announces Operating Results for the Year Ended December 31, 2019; Provides Production Guidance for the Year 2020
The company provided production guidance for the year 2020. 2020 production guidance of 6,750 boe/d - 7,000 boe/d is 68%-74% higher than 2019 production. Guidance includes 1,000 boe/d 1,050 boe/d for North West Gemsa which the Company may exit during the year if sufficient cost savings cannot be achieved by the operator.