Investors Led by Aleph Commodities Take 25.65% Stake in SDX Energy

By Jaime Llinares Taboada

SDX Energy PLC said Monday that a group of shareholders led by Aleph Commodities Ltd. now holds a combined 25.65% stake in the oil-and-gas company.

Mark Reid, the chief executive of SDX, said the company now has a cornerstone shareholder group with significant industry experience and which intends to support SDX’s growth aspirations.

“We believe that leveraging SDX’s existing operations and technical team with Aleph’s financial, technical, and commercial support will enable SDX to increase its production and cash flows multiple times over the next 24-36 months. This will be achieved by investing in existing operations and acquiring assets in jurisdictions, where Aleph has long-standing access and relationships,” Aleph said.

Write to Jaime Llinares Taboada at; @JaimeLlinaresT

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