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SDX Energy Inc.

09:58 AM EST - SDX Energy Inc. : Announced that a conventional natural gas discovery has been made at its LNB-1 exploration well on the Lalla Mimouna permit in Morocco (SDX 75 %). The LNB-1 well was drilled to a total depth of 1,861 metres. The primary target was in the Lafkerena sequence, where 300 metres of gas bearing horizons were encountered in a significantly over-pressured section. The mudlog obtained through the section showed elevated gas readings of more than 20% with multiple sections above 50%. SDX Energy Inc. shares V.SDX are trading up $0.04 at $1.06.