sdx energy plc said monday that it has completed drilling of the msd25 development well on the meseda oil field in egypt the oilandgas company which has a 50 interest in the concession said the well encountered 848 feet of goodquality net oil pay sandstone this is the second well in the current development campaign on the meseda and rabul oil fields the rig will now move to the next well msd20 with drilling expected to start in mid or late march shares at 0948 gmt were up 25 at 83 pence