Gulfsands Petroleum and Cairn Energy
began prospecting the Gharb region (Western Morocco) and Boujdour, in
southern Morocco. Gulfsands is hoping to get the first results in late
November while Cairn plans to drill in Cape Boujdour in 2014.
Morocco’s gas and oil are making the
country more and more attractive, bringing optimistic foreign companies
to the territory. Gulfsand Petroleum, an English company, and Cairn
Energy from Scotland announced that they have started their drilling
operations in the Kingdom. They mentioned their interest in leading
other similar projects in the country.
The announcement comes a month after
Morocco allowed the Scottish company to initiate offshore searches. The
operations are to be conducted a few kilometers from the island of
Fuerteventura, specifically in the areas of “Foum Daraa” and “Juby
Maritime.”
The well is located 1500 meters under
the water and about 120 kilometers off the coast of Morocco. Cairn
Energy also acquired a 20% stake in the exploration license of Cape
Boujdour, located about 70 kilometers off the Sahara and should start
drilling in this area in late 2014.
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