SDX Energy sells 50% stake in North West Gemsa licence for $3.0 million to Gulf Energy

LONDON: SDX Energy Plc, the MENA-focused oil and gas company, announced that it has disposed of its 50% working interest in the North West Gemsa licence, situated in the Eastern Desert of Egypt. The purchaser, Gulf Energy, a private Egyptian oil and gas company, has paid US$3.0 million in consideration for the Company’s interest, of…