1、SDX Energy Plc 2023 Annual Report&Financial StatementsSupplying energy in an environmentally conscious manner to the benefit of all our stakeholdersFinancialOperational 2,224 boe/d FY 2023 average entitlement production,net of minority interest overall.5 wells were completed across SDXs portfolio in
2、 FY2023,2 in Morocco,3 in West Gharib.In addition,the DOB-1 well in Morocco was connected in 2022,but brought into production in 2023.4.7kg CO2e/boe.overall.Gross profit/netback of$7.3 million,EBITDAX of$5.4 million and operating cash flow(before capex)of$5.1 million.The Board has been revamped duri
3、ng the year,with Executive Directors Daniel Gould and William McAvock joining Non-Executive directors Tim Linacre,Krzysztof Zielicki,.and Jay Bhattacherjee,whose role changed from Executive Chairman to Non-Executive Chairman with effect from 1 January 2024.New financing obtained during the year from
4、 Aleph Commodities with a view to providing support and financing for growth initiatives.As at 31 December 2023,the Companys working interest share of audited 2P reserves was 1.34 MMboe.305boe/d FY 2023 average entitlement production at continuing operations3 wells connected and made ready for produ
5、ction during 2023 and/or entered into production at continuing operations2.7kgCO2e/boe FY 2023 carbon intensity at SDXs continuing operations$7.3m FY 2023 gross profit/netback$5.4m FY 2023 EBITDAX$8.0m FY 2023 CAPEXThe directors assess the performance of the Group across the below key performance in
6、dicators(“KPIs”).Our KPIs provide a balanced set of metrics that give emphasis to both financial and non-financial measures.STRATEGIC REPORT ContentsStrategic Report Executive Chairmans Review 01 Review of Operations 02 Group proved plus probable reserves and contingent resources 04 Environmental,So