Oil and gas company SDX Energy confirms talks with BP to buy assets in Egypt

BY

Reuters

-

Thu, 20 Sep 2018 - 02:01 GMT

BY

Reuters

Thu, 20 Sep 2018 - 02:01 GMT

A drilling rig owned by Parsley Energy Inc. seen near Midland, Texas, U.S. on May 3, 2017 - REUTERS/Ernest Scheyder/File Photo

A drilling rig owned by Parsley Energy Inc. seen near Midland, Texas, U.S. on May 3, 2017 - REUTERS/Ernest Scheyder/File Photo

20 September 2018: North African-focused oil and gas company SDX Energy on Thursday confirmed that it was in discussions with BP Plc to buy a package of assets in Egypt.

London-listed SDX said the acquisition would constitute a reverse takeover.

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