ADX prepares slowly for Sidi Dhaher

Sidi Dhaher: Moving slowly and with caution, ADX said work on the Sidi Dhaher well was proceeding according to plan.

Australia-listed ADX Energy is moving slowly with preparations for its Sidi Dhaher well, 350 kilometres west of the Tunisian border with Libya.

In an announcement to the Australian Securities Exchange, ADX said the situation in Libya was not affecting the company's operations, which were progressing according to plan, albeit slightly slower than expected.

“The company is moving ahead very cautiously despite the improved security situation in Tunisia,” it said in an announcement.

“However these minor delays have not resulted in any significant additional cost.”

ADX had pre-tested all components of the drilling rig with some pieces of equipment being replaced, the company said, while site preparations had been completed and surface casing had been set.

All statutory…

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