Continental Focus, International Reach

San Leon Contracts Rig for Moroccan Well

Friday, July 3, 2015

San Leon Energy signed a contract for the drilling of the El Aaiun-4 well on the Tarfaya conventional license, onshore Morocco. The rig contract was signed with Entrepose Drilling for the Cabot 750 rig.

The well is expected to spud in the second half of August, and will take approximately 30 days to reach a total depth of around 2,000 meters below rotary table.  The reservoir target is Tertiary channel sandstones, with good reservoir properties expected, and the surface location is approximately 14 km from a gas market.

Oisin Fanning, company executive chairman, said: “As previously stated, one of our main priorities this year has been to commence drilling the onshore Tarfaya well, El Aaiun-4, and the rig contract with Entrepose Drilling brings us one step closer to this. We look forward to the near-term drilling of the El Aaiun-4 well, with its structural location updip of gas encountered in an older well, as well as its proximity to the gas market and other nearby similar channel targets for follow-on wells. We believe this well has significant potential and we shall update the market when the El Aaiun-4 spuds.”


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