SDX Energy Plc (SDXEF)

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From Danagos Q2 financials about the wells with partner Sea Dragon

The Company drilled and tested a successful exploration well, West Al Baraka-2, in the Komombo Concession in Southern Egypt. A reservoir hydraulic fracturing test (frac) was performed in June to optimize the production rates and assess the hydrocarbon potential. After performing the hydraulic fracturing, the well productivity was increased from 30 boepd to 173 boepd, a five-fold increase in production. In order to better understand the formation productivity performance, reservoir extension, pressure support regime and make a decision on the number of wells required for the full development of the field, Dana Gas plans to place the well on long-term testing, utilizing portable testing equipment.

Faris-1 well, the 2nd exploratory well to be drilled in the Komombo concession was spudded in late June. The well will be drilled to a total depth of 6,300 ft (SS) to explore the hydrocarbon potential in the Komombo “A” formation.

http://www.danagas.com/en/pressrelease/media-center/press-releases/dana-gas-reports-strong-profit-growth-for-first-half-of-2012.html