SDX Resources

SDX Resources has retained Energy Capital Solutions LP to sell its operated properties near Artesia, New Mexico. The sale includes two major operating areas, the East Artesia Area and the West Redlake Artesia Area, both in Eddy County, New Mexico. East Artesia currently has 19 producing wells on five leases with 10 identified proved undeveloped locations, while West Redlake has 65 producing wells on 15 leases with 32 proved, developed nonproducing and 42 proved, undeveloped locations. Production is approximately 476 barrels of oil equivalent per day, while net proved reserves are estimated to be 4.9 million barrels of oil and 15.6 billion cubic feet of gas with a reserves-production ratio of more than 20 years. For more information, contact Scott Trulock at 214-219-8204.