Longreach Oil & Gas has announced that the Koba-1 exploration well in the Essaouira Basin onshore Morocco has reached total depth (TD) and has encountered a potential Lower Liassic sandstone reservoir with gas shows
According to Longreach, the well has been drilled to a TD of 3,100 metres and the Lower Liassic sandstone was encountered very close to the expected depth and has a gross interval of approximately 45 metres showing reservoir potential.
Over this section, gas shows of more than 10 per cent were encountered with heavier hydrocarbon components of more than C5+.
Dennis Sharp, executive chairman of Longreach Oil & Gas, said, “This is a positive start to our operated exploration campaign in the Essaouira Basin, onshore Morocco, which is most encouraging. The company is currently evaluating all of the available data in order to determine the testing program for the well. We look forward to gaining a fuller understanding of the result of the Koba well.”
After logging the Lower Liassic section, the well was drilled to TD to continue the exploration of the second target of the prognosed Triassic sandstones, the company said.
No further potential reservoir sections or significant shows were encountered beneath the Lower Liassic, it added.
The Koba structure is the first prospect to be drilled as part of Longreach’s exploration well programme. A portfolio of leads and prospects has been identified and, following the results of Koba-1, the outlook for further prospectivity will be reviewed, the company said.
Longreach has a 50 per cent operated interest in the Sidi Moktar licence area covering 2,683 sq km, in which the Koba-1 well is located. The company’s partners in the licence are ONHYM and MPE, each with a 25 per cent stake.
