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Public market insider buying at SDX Energy (:SDX)

Updated Monday Jan 08, 2018 01:49 AM EDT

MEA Energy Investment Company Limited, a 10% Holder, acquired 225,000 Common Shares on a direct ownership basis at a price of $0.500GBP on January 5th, 2018. This represents a $189,248 investment into the company's shares and an account share holdings change of 1.6%.

SDX Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

SDX Energy Inc. is a United Kingdom-based international oil and gas exploration, production and development company. The Company's operations are focused on North Africa. In Egypt, the Company has an interest in two production concessions: North West Gemsa and West Gharib (Meseda) both located in the Eastern Desert. Its portfolio also consists of South Ramadan, a development asset in the Gulf of Suez and South Disouq, an exploration asset in the Nile Delta. The South Ramadan concession is located between the giant Ramadan field and the Morgan field. The North West Gemsa Concession is an approximately 80 square kilometers onshore concession located approximately 300 kilometers southeast of Cairo. The South Disouq concession consists of an approximately 1,275 square kilometers acreage position in the Nile Delta. The Meseda field is an approximately 45 square kilometers concession located on the west side of the Gulf of Suez.

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