Rabat, Feb. 13 -- Morocco awarded North African focused oil and gas company, SDX, licenses to expand in Moulay Bouchta Ouest and Lalla Mimouna Sud.

The Moroccan government awarded SDX Energy two new licenses in Moulay Bouchta Ouest and Lalla Mimouna Sud, allowing the North African focused energy company to significantly increase its presence in Morocco. SDX Energy, headquartered in London, is an oil and gas exploration, production, and development company.

The company received the Moulay Bouchta Ouest exploration licence for an eight year period, which spans 458 km2. Within the first three-and-a-half-year period of the project, SDX plans to reprocess 150 kilometres of 2D seismic data, gain 100 km2 of new 3D seismic, and drill one explor...