New natural gas production should come from Egypt by the end of the year, SDX Energy said after announcing a new gas discovery on Monday. The company said it found natural gas at a site in the South Disouq license dubbed SD-4X. Paul Welch, the president and CEO at SDX, said the new find would eventually be tied into existing infrastructure, where production is scheduled for late in the fourth quarter. “These results demonstrate the significant potential we see in this area,” he said in a statement emailed to UPI. “We are extremely encouraged by today’s result at South Disouq.” In January 2017, SDX Energy paid $28.1 million to take over the Egyptian and Moroccan businesses of Circle Oil. Welch […]