Company Announcements

27 September 2022

SDX ENERGY PLC

("SDX" or the "Company")

Appointment of Chief Operating Officer

SDX Energy Plc (AIM: SDX), the EMEA-focused oil and gas company, is pleased to announce the appointment of Yvon Quillien to the position of Chief Operating Officer. Yvon, who joined the Company in March this year as Morocco Country Manager, will expand this role to become overall Chief Operating Officer of the Company and will attend all meetings of the Board of Directors.

Yvon, a Petroleum Engineer, has over 35 years of industry experience of which 31 years were spent with Shell in multiple operational, technical, HSE and commercial roles. In addition to carrying out leadership roles in Shell's West African and Asian businesses, Yvon spent five years as part of the Shell Leadership team for the Kashagan mega project in Kazakhstan.

Yvon's appointment is part of the Company's new vision focused on operational and technical excellence, disciplined growth, profitability and cash flow generation through organic and inorganic opportunities.

Mark Reid, CEO of SDX said:

"I am delighted that Yvon has accepted the role of Chief Operating Officer at SDX. His appointment to this key strategic role will enable us to benefit from his thirty plus years of technical, operating and commercial experience as we implement our new strategy to grow production and deliver returns to our shareholders. I look forward to providing more details on the Company's new strategy in the coming weeks."

Tim Linacre Interim-Chairman of SDX said:

"Yvon's appointment as Group Chief Operating officer strengthens further the management depth within the business. In the time he has been working with SDX in his role  as Morocco Country Manager we have benefitted from his industry knowledge, commitment and enthusiasm. I am sure he will add substantially to the Group going forward."

Ends

Enquiries

SDX Energy plc

Tim Linacre, Interim-Chairman                                                                 Tel: + 44 (0) 203 219 5640

Mark Reid, Chief Executive Officer                    

Stifel Nicolaus Europe Limited (Nominated Adviser and Broker to SDX)

Callum Stewart                                                                                      Tel: +44 (0) 20 7710 7600          

Camarco (Financial PR Adviser to SDX)

Billy Clegg/Owen Roberts/Violet Wilson                                                  Tel: +44 (0) 203 757 4980

This announcement does not contain inside information.