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Thursday, May 14, 2015
Circle Oil has spud its LAM-1 well on Morocco’s Lalla Mimouna Permit. The LAM-1 is the first well to be drilled by Circle on the permit and is located in the central part of the permit on the east-west trending Anasba Ridge, within the existing 3D seismic area.
The well is targeting the Miocene gas-bearing sands, similar to the Sebou discoveries made previously by Circle in the Sebou Permit to the south of Lalla Mimouna. The primary target sands are prognosed at a depth of 1,231 meters MD and the TD of the well at 1,521 meters MD. Depending on progress rates the well is expected to take between 14 – 20 days to drill.
Circle Oil is the operator of the permit, partnered with ONHYM.
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