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Predator Oil and Gas completes drilling of MOU-1 in Morocco

Industry

Jersey-based oil and gas company Predator Oil & Gas has announced completion of the drilling of MOU-1 in Morocco

Predator (75%) operates Guercif in joint venture with the Office National des Hydrocarbures et des Mines (ONHYM) acting on behalf of the State (25%).

Initial results

Formation gas shows were recorded  in a shallow sand at 605 metres measured depth (MD) comprising 2.35% or 19,392 ppm C1 methane.

Total background, exclusively dry gas, increased from 0.6% to 1.7% (5,232 to 13,800 ppm C1) down to 1,159 metres MD. Formation gas shows of 1.8% and 3.8% (13,355 to 36,035 ppm C1) were encountered whilst drilling this section.

Below 1,159 metres in the lower Guebbas and Hoot (using the stratigraphic nomenclature of the Rharb Basin) total background gas was from 0.7% to 1.5% (5,000 to 11,996 ppm C1) but with traces of heavier gases C2, C3 and C4. Formation gas shows of up to 1.67% (13,643 ppm total gases) were also recorded.

Wireline logs were run from 724 to 1487.4 metres MD over the interval with gas shows.

Wireline logs will require detailed interpretation to take into account borehole conditions caused by borehole enlargement where washouts have occurred in the open-hole section.

MOU-1 drilling operations were completed and a cemented completion was run whilst the well is being evaluated.  

Forward plans

Based on these positive results, the company will be proposing to its partner to drill the previously defined MOU-4 location later this year to the northeast of MOU-1, and to commission an Environmental Impact Assessment (EIA) over the prospective area around the MOU-4 location which will also incorporate information from the existing EIA.